JSW Steel and JFE Steel form JV for CRGO electrical steel in India

JSW Steel and JFE Steel agreed to form a 50:50 joint venture to manufacture cold-rolled grain-oriented electrical steel (CRGO) in Vijayanagar, Karnataka, India, with an estimated project cost of INR 5,500 crore ($664.81 million).

“The JV will be able to manufacture the entire range of CRGO products at its proposed facilities in Vijayanagar, Karnataka.”seaisi.org

• 1 source
• seaisi.orgJSW, JFE ink CRGO electrical steel production pact | SEAISIAug 3, 2023

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