JSW Steel is planning to raise up to Rs 10,000 crore through various financial instruments in the financial year 2017-18. The proceeds would be utilised towards capital expenditure, refinancing of existing loans and other activities.
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products. The company has reported crude steel production of 12.65 MT in February 2017 with a growth of 25% over the corresponding month in 2016.
