Sajjan Jindal-controlled JSW Steel
After a spate of acquisitions and joint ventures, Sajjan Jindal-controlled JSW Steel has renewed its focus on production of value added steel.
Now with Bellary Steel and Ispat deals sealed and backing of a strong technology partner in the form of Japanese steel giant JFE, the company is once again targeting an increased output of value added steel.
“Today, the board of directors have approved setting up of a 2 million tonne per annum cold rolling mill to increase the production of value added steel,” said Sheshagiri Rao, group chief financial officer, JSW Group. He was addressing a media conference to announce the company’s third quarter results on Thursday.
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