JSW has become the World Number One Steel Company Beating Companies Like Tata Steel Arcell and Nucor Corp

JSW Steel: JSW Steel Limited has become the world’s most valuable steel company, beating many companies like Arcelor Mittal and Nukor Corp. The market capital of this company of $ 30.31 billion is $ 91 million more than its nearest competitors than $ 91 million.

Company target for years to come

There are JSW Group plants in Vijayanagar, Dolvi and Salem. Apart from this, the company’s business is spread from America to Italy. Currently, the capacity to make its steel is 35.7 million tonnes (MT). The company’s target is to increase 43.5 MT by financial year 2028 and 51.5 MT by 2031. Motilal Oswal’s analysts believe that this growing scope of the company prepares JSW Steel for long term growth. This will increase production. Please tell that Sajan Jindal is the chairman and managing director of JSW Group.

Partha Jindal expressed gratitude

Partha Jindal wrote on his official X account, “It is very proud to say that JSW Steel has become the world’s largest steel company in terms of market capitalization.” With this, he in this post, he said that he is proud of the hard work of father Sajan Jindal and mother Sangeeta Jindal as well as the entire JSW group, “

Extremely proud to share that @jswsteel Has become the largest steel company in the world in terms of market capitalization – so proud of all the hard work put in by Papa @Sajjanjindal Ma @Sangitasjindal and the entre @Thejswgroup Family – We are humbled and will not stop at…

– Partha jindal (@parathjindal11) March 25, 2025

Impact on stock market

The company also saw the impact of the world’s number 1 steel company title in the stock market. JSW Steel shares rose up to 18 percent. It also emerged as the top performance on Nifty.

Brokerage firm Investake has given the company shares ‘buy’ rating and has kept the target price of Rs 1,100. In recent years, the company has consistently expanded its capacity and has also been stable before Ebitda. Due to this, there is hope of returns on the purchase of its share.

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