07
May
13:37
JSW, JFE eye Indian electrical steel joint venture
JSW Steel has signed a memorandum of understanding to conduct a feasibility study with JFE Steel to establish a grain-oriented electrical steel (GOES) sheet manufacturing and sales joint venture in India. The firms plan to complete the study by year-end and set up the JV subject to requisite approvals.
In 2012 JSW and JFE entered into an agreement where JFE has provided technology for the production of non-oriented electrical steel sheets, enabling JSW t…
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