Jayaswal Neco secures ₹3,250 crore loan to cut borrowing costs
- ByInvesting.com
- •
Jayaswal Neco Industries Limited engages in the manufacture and sale of steel products, and iron and steel castings in India. It operates through Steel, Iron and Steel Castings, and Other segments. The company offers steel products, including alloy steel bars and wire rods, bright bars, pellets, billets, pig iron/skull, and sponge iron. It also provides automotive castings, such as brake drums, clutch housing, dead axle, cylinder heads, blocks, gear box housings, transmission cases, cast pipes, inserts, etc.; engineering castings, including valves, inserts, carrier housings, axle end caps and backings, and rings; construction castings comprising manhole covers and sand and centrifugal cast pipes; and centricast products, such as sleepers, brake blocks, bearing plates, sockets, and soil/rainwater pipes fittings. In addition, the company is involved in iron and titaniferous ores, and limestone mining; and PVC pipes trading activities. It serves its products in automotive and auto components, defense, infrastructure, construction, oil and gas, power, railways, engineering, generator sets, petroleum and refineries, service lines, and irrigation sectors. The company was incorporated in 1972 and is headquartered in Nagpur, India.