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Input cost pressures high, but better volumes likely in Q4: JSW Steel CEO

JSW Steel's CEO, Jayant Acharya, expects cost pressures in the current quarter due to rising prices of iron ore and coking coal. However, he believes that higher volumes and firm global steel prices will help offset some of this pressure. The company posted a five-fold surge in net profit for the December quarter, aided by volume growth in India and strong performance of its international subsidiaries.

India , China , Italy , Jayant-acharya , Jsw-steel , Q4 , Input-cost-pressures , Iron-ore-prices , Coking-coal-prices ,

Ramaco Resources: From Market Expansion To Market Realities (NASDAQ:METC)

Ramaco Resources: From Market Expansion To Market Realities (NASDAQ:METC)
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Indigo-division , Yale-university , Big-creek , Knox-creek , Quant-score , Growth-factor , Unit-revenue , Coking-coal-prices , Brook-mine , Rare-earth-elements , Average-selling-price

India-Canada row impact? JSW Steel, Teck Resources' talks not concrete, says CEO Jayant Acharya

“There is nothing concrete on Teck. We are in discussion with strategic possibilities among which Teck is one,” Acharya told Reuters

India , United-kingdom , Canada , Australia , Israel , British , Canadian , British-columbia , Whatsapp-channels , Business , Business-deals

Steelmakers raise prices on firm demand, costlier inputs

The demand momentum remains strong in the country led by government spending in the pre-election year.

China , Jayanta-roy , Corporate-sector-ratings , Whatsapp-channels , Steel , Coking-coal , Icra-motilal-oswal , Domestic-steel-prices , Rebound , Firm-demand , Higher-raw-material-prices

Steel industry plans robust capex as leverage remains stable: Crisil

Crisil projects capital expenditure to amount to ₹55,000-60,000 crore per year, nearly double the average annual spending over the previous five fiscal years

Shivaramakrishna-kolluri , Ankit-hakhu , Team-leader-at-crisil , Team-leader , Steel-industry , Crisil , Steel-manufacturers , India , Capital-expenditure , Leverage , Domestic-output , Demand-growth

Jindal Steel & Power Third Quarter Profit Falls 27% To Rs 1,866 Crore

JSPL on Tuesday reported a 27.2 per cent drop in consolidated profit at Rs 1,866.08 for the quarter ended December 2021

India , Jindal-steel-power-limited , Jindal-steel , Power-third-quarter-profit-falls , Power-limited , Jspl , Jspl-earnings , Jspl-profit , Steel-demand-in-india , Domestic-steel-industry , Coking-coal-prices