SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JSW Steel to raise steel price by 4-6 percent from September 1: Report

22 Aug 2013 Evaluate

JSW Steel has reportedly decided to raise steel price by 4-6 percent from September 1 following a steep hike in raw material cost, especially coal. Meanwhile, Iron ore prices have jumped from $129.50 to $144 per tonne at present, while coal prices have moved up from $125 in end June to around $136/tonne. Moreover, the rupee has fallen 16% since January and it has slipped 4.5% since July 1, 2013.

JSW Steel reported monthly crude steel production for the month of July 2013 of its three manufacturing locations - Vijayanagar, Salem and Dolvi together. The crude steel production saw a growth of 47% during July 2013 at 9.91 lakh tonnes as against 6.76 lakh tonnes produced in the corresponding period of the previous year.

JSW Steel Share Price

1239.90 24.35 (2.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×