Metal Sector

These changes assist the company's long-term ESG goals and help to decarbonise the US energy market, according to management.

The MoU aligns with Hindustan Zinc's initiatives to explore potential zinc applications in the sustainable energy transition.

According to the report, the rifle underwent several tests to ensure its dependability, durability, and performance.

According to JSW Steel, India's demand for zinc-magnesium-aluminum alloy coated steel is likely to treble to 2.5 lakh tonnes this fiscal year.

NMDC experienced a loss of ₹30 Crore during the quarter due to interest on penalties for compensatory afforestation mandated.

As of March 2024, the government owned 66.14% of the corporation, while the LIC owned 6.88%. Foreign institutions own 3.13% of the firm.

Additionally, the steel company distributed ₹822 Crore in FY23 and a record ₹4,194 Crore in FY22.

Adding five million tonnes of capacity at Dolvi will cost JSW approximately $460 per tonne, much lower than $700 per tonne.

The combined net debt was reported at ₹11,203 Crore as of March 31, compared to ₹9,115 Crore as of December 31, 2023.

JSW Steel, the JSW Group's flagship company, is a significant integrated steel manufacturer in India, with a capacity of 18 MTPA.