Industry News

India's JSW Steel reports quarterly loss on price slump

Views : 163
Update time : 2022-10-21 18:40:31

BENGALURU, Oct 21 (Reuters) - India's JSW Steel (JSTL.NS) on Friday reported a consolidated quarterly net loss of 8.48 billion rupees compared with a profit year ago, mainly due to a sharp fall in steel prices.

Total revenue from operations rose to 417.78 billion rupees ($5.05 billion) in the three months to Sept. 30 from 325.03 billion rupees a year ago.

Related News
Read More >>
South Africa launches critical minerals strategy, opens new mining law for public comment South Africa launches critical minerals strategy, opens new mining law for public comment
May .22.2025
South Africa launches critical minerals strategy, opens new mining law for public comment
China's iron ore production declines in Jan-Apr China's iron ore production declines in Jan-Apr
May .22.2025
China's iron ore production declines in Jan-Apr
US’ steel coil exports go up in Mar US’ steel coil exports go up in Mar
May .22.2025
US’ steel coil exports go up in Mar
US increases CRC imports in Mar US increases CRC imports in Mar
May .22.2025
US increases CRC imports in Mar