$JSWSTEEL JSW Steel Ltd., India’s third largest steelmaker, is targeting record sales of the alloy this financial year as local demand for its wire rods, plates and pipes revives, people familiar with the plans said. www.bloomberg.com/news/ar...in-india
local demand is helping to overcome weakness coming from China #bullish
Jai Alamuddin 03:26 PM 14-04-2015
$JSWSTEEL$TATASTEEL$COALINDIA China's yesterday announced imports and exports decline means much weaker demand for global commodities like steel coal oil #bearish
Samer Shahani 02:35 PM 10-04-2015
$JSWSTEEL$SAIL$TATASTEEL Bad for Indian steel stocks:"China’s metals demand is plummeting,” wrote Kenneth Hoffman, the metals analyst who spent a week traveling across the country, meeting with executives, traders, industry groups and analysts. “Demand is rapidly deteriorating as the government slows its infrastructure building and transforms into a consumer economy.” #bearishbloomberg.com/news/articl...-economy
JSW Steel Limited manufactures and sells iron and steel products in India and internationally. The company conducts its operations primarily through Steel, Power, and Others segments. Its portfolio of products include hot rolled coils, sheets, and plates; cold rolled coils and sheets; galvanized products; galvalume products; pre-painted galvanized products; pre-painted galvalume products; TMT bars; wire rods and steel bars; and rounds and blooms. The company is also involved in coal and iron ore mining operations in Chile, the United States, and Mozambiqu; coal loading and port operations; generating power; manufacturing pre-fabricated building systems and technologies; trading iron ore and steel products; and real estate activities. JSW Steel Limited was incorporated in 1994 and is headquartered in Mumbai, India.