L&T wins largest domestic metals order from JSW Steel for major expansion
Larsen & Toubro's Minerals & Metals division secured its largest domestic metals order from JSW Steel, valued between Rs 10,000 crore and Rs 15,000 crore. This 'mega order' involves comprehensive engineering, procurement, and installation of critical process facilities for JSW Steel's expansion to over 50 MTPA by 2031, primarily at sites in Karnataka and Odisha.
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L&T Wins Record ‘Mega’ Metals Order from JSW Steel to Power Capacity Expansion
The latest update is out from Larsen & Toubro Limited ( ($IN:LT) ). L&T’s Minerals & Metals business has secured its largest-ever order in India’s ...
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Tata Steel, JSW Steel, and more: Why are steel stocks at record highs today?
Steel company shares hit new highs as brokerage optimism increased due to improving global dynamics and strong earnings potential. Jefferies and Goldman Sachs project growth for Indian steel firms.
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JFE Steel to invest Rs 15,000 Crore in Odisha in joint venture with JSW
Japan ’s leading steelmaker, JFE Steel Corporation, will invest Rs 15,000 crore in Odisha in partnership with JSW Steel, marking the largest Japanese investment in the state to date. The joint venture, JSW JFE Steel Limited, was formally inaugurated at the JSW plant in Thelkoli, located in Sambalpur district, in the presence of Chief Minister Mohan Charan Majhi on Friday. Joint Venture Inaugurated In Sambalpur The inauguration of the facility is being seen as a significant step in Odisha’s industrial expansion. The project underscores strengthening India–Japan industrial collaboration and is expected to enhance manufacturing capabilities in the region. Chief Minister Majhi, addressing the gathering, reiterated the state government’s focus on positioning Odisha as a major manufacturing hub in eastern India. He stated that the state has the required resources and potential to achieve this objective and emphasised the need to promote knowledge-based industries for sustained growth. Focus On Industrial Expansion Across Districts The Chief Minister further highlighted that industrial development would be prioritised across all 30 districts in the coming days, indicating a broader push towards balanced regional growth.
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JSW-Japanese firm forms JV; will help make state a steel manufacturing hub: Odisha CM
Bhubaneswar: JSW Steel and Japan’s JFE Steel Corporation on Friday announced the formation of a joint venture company – JSW JFE Steel – in Sambalpur w.
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JSW Steel Outlook: SEBI Analysts See Rally Towards ₹1,150 Amid Strong Demand
JSW Steel’s pullback comes despite a strong run in metal stocks, with the Nifty Metal index up nearly 6% last week and analysts citing robust domestic demand, policy support, and China’s supply cuts as key tailwinds.