|Bid||665.80 x 0|
|Ask||667.90 x 0|
|Day's range||658.30 - 690.45|
|52-week range||132.50 - 690.45|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||66.00|
|Forward dividend & yield||N/A (N/A)|
|1y target est||358.41|
(Bloomberg) -- Tycoon Sajjan Jindal’s JSW Group is feeling the sting of surging global coal prices and expects to hike steel rates as a result.Most Read from BloombergHow Singapore's $50 Billion Financial District Will Change After Covid-19Left-Wing Rage Threatens a Wall Street Haven in Latin AmericaBefore Interstates, America Got Around on InterurbansChristmas at Risk as Supply Chain ‘Disaster’ Only Gets WorseThis Is What Europe’s Green Future Looks LikeThe steelmaking-to-energy giant, which re
(Reuters) -India's largest steel producer, JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, two people familiar with the matter told Reuters, as would-be buyers circle Sanjeev Gupta's global commodities empire. JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another chapter for Britain's steel industry, which has been privatised and sold to overseas buyers as its pre-eminence slid in lock-step with the country's manufacturing might.
Japan's second-biggest steelmaker JFE Holdings Inc will study the feasibility of forming a joint venture with its Indian partner JSW Steel to make and sell electromagnetic steel sheet used in transformers, it said on Friday. "Demand for electromagnetic steel sheet is expected to grow to reflect soaring demand for electric power in India," JFE President Koji Kakigi told a news conference about its new four-year business plan. "We can dominate the Indian (electromagnetic steel) market by sharing our cutting-edge technology," he said, adding that they aim to make a final decision by next March.