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JSW Steel signed an agreement with Algeria's Cevital to acquire its Italian steel arm Aferpi for approximately Rs 600 crore. Aferpi produces special steel for rails, wire rods, and bars for railway, automotive, and other sectors.
“JSW Steel has signed a deal with Algeria’s Cevital to buy Italy’s second largest steel firm Aferpi for around Rs 600 crore”india.com
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