06
Oct
01:00
JFE invests in India, Korea after Vietnam pull-out
Japan’s JFE Steel is reportedly considering lifting its stake in India’s JSW Steel by 5% from just over 15% currently, according to Indian media reports. The move comes as the company focusses its investments internationally.
JFE first took a stake in JSW in 2010 and increased its stake to over 15% in 2013, allowing JSW to become an official partner company under Japanese rules. The pair are building a 600,000 tonnes/year electrical steel plant w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous