# JSW Steel to acquire Acero Junction for $500M

JSW Steel US plans to invest $500 million to acquire and modernise Acero Junction Inc, an integrated steel manufacturing unit in Ohio, US, with a potential capacity of 3 million tonnes per annum.

- Type: Acquisition
- Announced: 2018-06-22
- Where: Ohio, United States
- Value: $500.0M
- Status: announced
- Capacity: 3 million tonnes per annum
- Products: hot rolled coils, steel plates
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JSW Steel](https://endata.com/companies/22727.md) (acquirer)
- [Acero Junction Holdings](https://endata.com/companies/31003.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/jsw-steel-plans-to-invest-500-m-to-acquire-modernise-acero-junction/article24234506.ece), 2018-06-22: "Through acquisition of Acero Junction, we will enhance our product range as we will be able to supply American Melted and Manufactured Hot Rolled coils."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.