JSW JFE Electrical Steel Private Limited

Activity by year

2023202420252026

Acquisition

Aug 3, 2023ACQUISITIONBellary district, Karnataka state, India$670.0M
JFE Steel and JSW Steel form $670M joint venture for electrical steel in India
JFE Steel and JSW Steel signed a joint venture agreement to establish JSW JFE Electrical Steel Private Limited in Bellary district, Karnataka, India, to manufacture grain-oriented electrical steel (GOES). Total investment is planned at $670 million, with full production targeted for fiscal 2027.
JFE Steel Corporation partner JSW Steel partner JSW JFE Electrical Steel Private Limited target #Steel and Metal Products jfe-steel.co.jp

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