Hit by the dramatic rise in finance costs and rupee depreciation, Jindal Stainless' (JSL) reported a net loss of Rs 412 crore for the second quarter ended September 30, 2013. Also, the Company holds a conservative outlook on the domestic ...
N.C. Mathur, the president of the Indian Stainless Steel Development Association and advisor to Jindal Stainless Limited, India's stainless steel output is expected to hit 4 million tons by 2015. Meanwhile, the growth of the Indian ...
Tags: Stainless Steel, steel, Construction
Camp Hill, Pennsylvania-based diversified global industrial company Harsco Corporation announced Tuesday a new multi-year contract valued at more than $160 million over its duration with Essar Steel India Limited, one of India's largest ...
Tags: Harsco, Essar Steel, Mineral
It’s reported that Jindal Stainless, the largest stainless steel producer in Indian announced a consolidated net loss of INR8.42 billion for the fiscal year 2012/13 ended on March 31st, 2013. Jindal Stainless stated that the net loss ...
Tags: Jindal Stainless, Net Loss
Reportedly, Korean super giant steelmaker Posco has forged a strategic agreement of joint venture with Indian Jindal Stainless Ltd., the largest integrated manufacturer of stainless steel in India to assist Jindal Stainless to be able to ...
Tags: Posco, Strategic Agreement, Stainless Steel
India-based Jindal Stainless Limited (JSL) has announced that it has signed a memorandum of understanding (MoU) with South Korean steelmaker POSCO to mutually cooperate with each other for long-term joint business opportunities. According ...
Tags: Stainless, Metallurgy, Mineral, Energy
It’s reported that Jindal Stainless, the largest stainless steel producer in India released its financial result for the fourth quarter of 2012. The company posted a net loss of INR2.57 billion for the fourth quarter of 2012, ...
Tags: Jindal Stainless, stainless steel product, company news
Business Standard reported that the Revision Authority under the Union mines ministry has set aside an Odisha government order directing Jindal Stainless Ltd to pay INR 6 crore for shortage of chrome ore found during audit. The final ...
Tags: ore, mines ministry, mines, chrome ore
Steel companies that have entered into MoU with the Odisha government have generated direct employment for 27,690 people. Mr Rajani Kant Singh minister of steel&mines said that of this 19,304 jobs have gone to persons within the state ...
Tags: MoU, steel, employment, mines