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JSW, Japan's JFE to invest Rs5,500-cr in electrical steel venture in Karnataka

JSW Steel and Japan s JFE Steel will jointly invest Rs5,500 crore in a steel plant in India to produce electrical grade grain-oriented steel, the companies stated in separate press releases. ....

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EV Battery Costs Could Surge By 22%

The Renewables Monthly Metals Index (MMI) increased by 6.27%, primarily driven by factors like silicon, neodymium, and grain-oriented electrical steel, while concerns over lithium-ion battery safety and potential raw material shortages persist. ....

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