Fund-raising keeps focus on JSW Steel

Sajjan Jindal-led JSW Steel has raised $500 million (around ₹3,234 crore) through an issue of fixed rated senior unsecured notes.The notes will be listed on the Singapore Exchange Securities Trading. The company had earlier said it can spend up to $1 billion annually on capex and acquisitions. It plans to bid for iron ore and coking coal mines in the upcoming auctions, Joint MD and Group CFO, Seshagiri Rao, had said.