# JSW Steel and DITH sign $700 million supply agreement

JSW Steel and Duferco International Trading Holding SA (DITH) executed a 5-year Advance Payment and Supply Agreement (APSA) worth $700 million on February 27, 2019, securing long-term funding for JSW and captive steel supply for DITH.

- Type: Contract
- Announced: 2019-02-27
- Where: India
- Value: $700.0M
- Status: completed
- Products: steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JSW Steel](https://endata.com/companies/22727.md) (supplier)
- [Duferco International Trading Holding SA](https://endata.com/companies/37741.md) (customer)

## Sources

- [udaipurkiran.com](https://udaipurkiran.com/jsw-steel-aligns-strategic-partnership-with-dith/), 2019-03-04: "This unique financing structure provides JSW long term funding to complement its plans for future growth secured by committed exports of steel products to DITH."

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