02
Aug
15:07
JSW, JFE ink CRGO electrical steel production pact
India’s JSW Steel and JFE Steel Corporation have reached an in-principle agreement to establish a 50:50 joint venture company to manufacture cold-rolled grain-oriented electrical steel products (CRGO) in India, JSW informs.
The companies, however, did not reveal the details of production capacity or the timeline of the proposed project.
This follows the joint feasibility study done by both steel companies in May. The JV will be able to manufacture the entir…
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