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JSW Steel & JFE Steel propose Grain Oriented Electrical Steel Sheet Manufacturing JV

JSW Steel & JFE Steel propose Grain Oriented Electrical Steel Sheet Manufacturing JV
By
IANS
|
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JSW Steel plant in Ballari, Karnataka. . Image Source: IANS News
Mumbai, May 7 : Private sector steel maker JSW Steel has signed a Memorandum of Understanding to conduct a Feasibility Study with JFE Steel Corporation, a Strategic Alliance Partner, to establish a Grain Oriented Electrical Steel Sheet Manufacturing and Sales Joint-Venture Company in India.
The plan is to complete the study within the current 2021 fiscal year and take appropriate steps to set up this JV company subject to requisite approvals.
JSW Steel and JFE Steel continue to deepen their alliance since they signed a comprehensive Strategic Collaboration Agreement in 2009, under which JFE Steel took an equity stake in JSW Steel, and has provided technical co-operation with regard to Automotive Steel Products. ....

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JSW Steel & JFE Steel propose Grain Oriented Electrical Steel Sheet Manufacturing JV in India

JSW Steel & JFE Steel propose Grain Oriented Electrical Steel Sheet Manufacturing JV in India
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