The JSW group is one of the fastest growing economic business conglomerates. Having a strong presence in the core economic sector, JSW steel is the second largest steel manufacturing companies in India. The company, in today’s date, has a mammoth capacity of 7.8MT of steel production. The JSW Steel Ltd comprises of the exclusively...
Meltdown over, time to solidify Sector upgraded to Overweight: Our upgrade is premised on stabilizing metal prices after a sharp rally and improving business confidence. Aluminium prices have risen 16% from their Dec 2008 lows while copper and zinc have surged 59% and 43%, respectively. However, steel prices remain mostly unchanged at US$425/tonne. Prices...