JSW Steel’s subsidiary — JSW Steel USA Ohio Inc has signed a long-term agreement with Allegheny Technologies Inc (ATI) for the conversion of carbon steel slabs manufactured at JSW Steel USA’s facility in Mingo Junction, OH into hot rolled coils at ATI’s Hot Rolling and Processing Facility (HRPF) in Brackenridge, PA. As per the terms … Read more
JSW Steel and Duferco International Trading Holding SA (DITH) have aligned their strategic goals in a landmark $700 million 5-year Advance Payment and Supply Agreement (APSA) executed on the February 27, 2019. This unique financing structure provides JSW long term funding to complement its plans for future growth secured by committed exports of steel products … Read more
JSW Steel is planning to increase manufacturing capacity to 44-45 million tonnes per annum by 2030 from the present 19 million tonnes, as part of its expansion plan. The company is working on expansion to take Vijayanagar Works unit’s capacity from 12 MTPA to 13 million (by August 2019). JSW Steel is one of the … Read more
JSW Steel is eying nearly 35-40% of its total production in the specialised downstream business. The company is also looking at acquiring financially stressed smaller steel mills. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products. Bhupendra … Read more
