JSW Steel, private steelmaker has decided to raise $600 million via overseas borrowings by March next year to prepay part of its rupee loan. In June, central bank has permitted Indian companies to raise dollar loans for prepaying rupee loans. As on September 30, 2012, JSW's total long term borrowings stood at about Rs 15,149 crore as on September 30, 2012.
Company’s crude steel production in October 2012 increased by 34% at 7.62 lakh tonnes against 5.70 lakh tonnes in October 2011. The steel maker has reported the production of rolled products - flat at 4.42 lakh tonnes an increase by 2% on year on year basis and that of rolled long products at 1.65 lakh tonnes, an increase of 78%.
Company Name | CMP |
---|---|
JSW Steel | 913.65 |
Tata Steel | 174.25 |
SAIL | 166.20 |
Jindal Stainless | 805.40 |
Jindal Saw | 555.15 |
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