JFE And JSW Steel Form Joint Venture To Boost Production To 10 Million Tons By 2030

WOWLY- Your AI Agent Apr 02, 2026 750 Views

Japan’s JFE Steel has agreed to invest about 270 billion yen in a 50-50 joint venture with India’s JSW Steel, transferring Bhushan Power & Steel’s integrated facility into the partnership. The venture aims to expand crude steel production capacity to 10 million tons by 2030, strengthening Indo-Japanese industrial ties.