Page 67 - Steel Tech India eMagazine Volume July 2023
P. 67

92/     Ć ,668(   Ć -XO\


                                                                                1HZV :DWFK







         ,QGLDQ 6WHHO 3ODQWV 6SUHDG :LQJV











         7DWD  6WHHO¶V  8.  EXVLQHVV  FRQWLQXHV  WR  IDFH   -6: 6WHHO 86$ SODQV      PQ LQYHVWPHQW WR ERRVW
         XQFHUWDLQW\                                        2KLR RSHUDWLRQV
         7DWD 6WHHO¶V FKDLUPDQ KDV ZDUQHG WKDW µGHFLVLRQ WLPH LV   JSW Steel Ltd said its subsidiary, JSW Steel USA, is
         QHDULQJ¶ UHJDUGLQJ WKH FRPSDQ\¶V 3RUW 7DOERW SODQW  ZLWK   VHW WR LQYHVW      PLOOLRQ LQ D VHULHV RI SURMHFWV DLPHG
         WKH IXWXUH RI WKH FRPSDQ\¶V 8. EXVLQHVV LQ WKH EDODQFH   DW  XSJUDGLQJ  LWV  PDQXIDFWXULQJ  RSHUDWLRQV  LQ  0LQJR
         DV WKH IXUQDFH DSSURDFKHV WKH HQG RI LWV ZRUNLQJ OLIH   Junction, Ohio.

         1DWDUDMDQ    &KDQGUDVHNDUDQ   &KDLUPDQ  RI 7DWD  6WHHO    7KH LQYHVWPHQW LV LQ OLQH ZLWK 86 3UHVLGHQW -RH %LGHQ¶V
         LQIRUPHG  VKDUHKROGHUV  DW  WKH     WK  DQQXDO  JHQHUDO   %X\ $PHULFD SROLFLHV DQG VXSSRUWV WKH FRPSDQ\¶V ORQJ
         PHHWLQJ RI 7DWD 6WHHO WKDW µWKH EODVW IXUQDFH ZLOO FRPH   WHUP  (QYLURQPHQWDO   6RFLDO   DQG  *RYHUQDQFH   (6*
         WR WKH HQG RI LWV OLIH F\FOH LQ D \HDU RU VR  %HIRUH WKDW    JRDOV  WKH FRPSDQ\ VDLG
         ZH KDYH WR WDNH D GHFLVLRQ  RXU SUHIHUHQFH LV WR UHSODFH   ³7KHVH LQYHVWPHQWV   SURMHFWV ZLOO KHOS XV LQ SURGXFLQJ
         LW ZLWK DQ ($) ¶
                                                            KLJK  TXDOLW\  µPHOWHG  DQG  PDQXIDFWXUHG  LQ  86$¶  VWHHO
         3UHYLRXVO\   WKH  FRPSDQ\  KDV  LPSOLHG  D  OHYHO  RI   SURGXFWV UHTXLUHG E\ RXU FXVWRPHUV LQ WKH LQIUDVWUXFWXUH
         XQFHUWDLQW\  RYHU  WKH  OHYHO  RI  VXSSRUW  RQ  RႇHU  IURP   and  renewable  energy  sectors,”  said  Parth  Jindal,
         WKH  8.  JRYHUQPHQW  WR  HQDEOH  WKH  WUDQVLWLRQ  WR  WKH   director, JSW Steel USA.
         SURGXFWLRQ RI JUHHQ VWHHO IURP WKH HOHFWULF DUF IXUQDFH    6DPLU  .DOUD   WKH  FRPSDQ\¶V  &)2   DGGHG  WKDW  WKHVH
         &KDQGUDVHNDUDQ  DGGHG  WKDW  GLVFXVVLRQV  DUH  RQJRLQJ
         ZLWK PXOWLSOH VWDNHKROGHUV  LQFOXGLQJ WKH 8. JRYHUQPHQW   LQYHVWPHQWV  ZLOO  LPSURYH  GRPHVWLF  VODE  SURGXFWLRQ
         DQG WKH XQLRQV  WR DUULYH DW WKH µULJKW GHFLVLRQ¶    FDSDELOLWLHV   PLWLJDWLQJ  LPSRUW UHODWHG  ULVNV   ERRVWLQJ
                                                            SUR¿WDELOLW\  DQG FUHDWLQJ HPSOR\PHQW RSSRUWXQLWLHV LQ
          “There are various options, and we are trying to see   the US.
         what is the right option” he said.
                                                            7KH  SODQQHG  LQYHVWPHQWV  LQFOXGH  WKH  LQVWDOODWLRQ  RI
         3RUW 7DOERW LV WKH 8.¶V ODUJHVW VWHHOZRUNV  HPSOR\LQJ   RQH  RI  WKH  ZRUOG¶V  ODUJHVW  9DFXXP  7DQN  'HJDVVHUV
         DURXQG         ZRUNHUV   ZLWK  D  SURGXFWLRQ  FDSDFLW\  RI    97'   DQG  XSJUDGHV  WR  VXSSRUWLQJ  IDFLOLWLHV  DQG
         5Mt.                                               PDQXIDFWXULQJ  LQIUDVWUXFWXUH   7KH  97'  ZLOO  KHOS
         Source: Nation Cymru                               UHGXFH  FDUERQ  HPLVVLRQV  DQG  K\GURJHQ  FRQWHQW  LQ
         7DWDV  6WHS  8S  (9  3OD\  ZLWK    %  %DWWHU\  &HOO   VWHHO  SURGXFWV  WKURXJK  HOHFWUL¿FDWLRQ  RI  PHWDOOXUJLFDO
         *LJDIDFWRU\ LQ 8.                                  processes. Additionally, the upgrades will expand the
                                                            FRPSDQ\¶V ³0DGH LQ 86$´ SURGXFW SRUWIROLR DQG UHSODFH
         7KH      ELOOLRQ 7DWD *URXS  E\ IDU WKH ELJJHVW ,QGLDQ
         LQYHVWRU  LQ  WKH  8.   H[SDQGHG  LWV  FRPPLWPHQW  WR  WKH   VWHHO LPSRUWV
         IXWXUH  RI  JUHHQ  PRELOLW\  E\  DQQRXQFLQJ  D    ELOOLRQ   -6: 6WHHO 86$ H[SHFWV WR FRPSOHWH DQG FRPPLVVLRQ
          DERXW  ൠ        FURUH   EDWWHU\  FHOO  JLJDIDFWRU\  SURMHFW   WKH  SURMHFWV  E\  )<    DQG  FRQWLQXHV  WR  VXSSRUW  WKH
         WKDW  %ULWLVK  3ULPH  0LQLVWHU  5LVKL  6XQDN  GHVFULEHG  DV   'HSDUWPHQW  RI  (QHUJ\¶V   '2(   HPLVVLRQ  UHGXFWLRQ
         RQH RI WKH ³ODUJHVW HYHU LQYHVWPHQWV´ LQ WKDW FRXQWU\¶V   SULRULWLHV  DQG  UHFHQW  OHJLVODWLRQ  VXFK  DV  WKH  ,QÀDWLRQ
         DXWRPRWLYH VHFWRU                                  Reduction Act.

         STEEL TECH
   62   63   64   65   66   67   68   69   70   71   72