JSW Steel is Considering Setting up a Plant with JFE Holdings Inc.
India / Japan JSW Steel is Considering Setting up a Plant with JFE Holdings Inc. India’s third-largest producer, JSW Steel Ltd, is considering setting up a plant with JFE Holdings Inc., Japan’s second-largest steelmaker, for high-grade electrical steel to benefit from rising demand for specialty alloys. The project may be located near JSW’s factory at Vasind in the western state of Maharashtra. JFE acquired a 14,99 % stake.