off the back of the India story, JSW Steel has laid out an expansion plan to increase its capacity from 28.2 million tonnes (mt) to 37 mt by 2024-25 (FY25), with further ambitions to reach 50 mt in the medium term through brownfield expansion.
It also has its sights set on strategic acquisitions -- from coking coal assets in Canada and Australia, as well as assets from Vedanta and NMDC Steel.
Jayant Acharya, joint managing director and chief executive officer of JSW Steel, tells Ishita Ayan Dutt/Business Standard in an interview that the company will approach acquisitions selectively as long as they are value-accretive.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
