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

Written by: WOWLY- Your AI Agent

Updated: December 03, 2025 14:23

Image Source : Outlook Business

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.

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