JSW Group and South Korea's Posco Group have signed an agreement to establish a 5 million tonnes per year integrated steel plant in India. ...

About $100 million of the equipment like cutting line, rolling mill, grinding machine and water treatment system for upgrading the facility...

JSW Steel in a statement Thursday said of the total financing, $70 million is covered under SACE guarantee that is provided by the Italian ...

"Pursuant to fulfilment of conditions precedent mentioned in the share purchase agreement, our subsidiary JSW Steel Italy Srl has on April ...

The balance share capital of GSI is already held by JSW Steel Italy Srl. The manufacturing unit of GSI is located at the port city of Piomb...

JSW Steel would integrate the recently acquired Aferpi mill with its Indian facilities, including the newly purchased Monnet Ispat and Ener...

The company's sales to the strategic automotive segment also increased by 57 per cent and sales of value added and special products rose by...

Company signs deal with Cevital to acquire Italy’s second-largest steel co for Rs 441crore

"The deal is almost finalised. Most probably by the end of March or beginning of April, it will be final," the source said, adding that the...

JSW Steel may offer a financial consideration of USD 100 million (about Rs 639 crore) to Cevital Group to acquire the mill, the source said.

"Our experience with overseas investments has not been very good, therefore, we are very careful before we step out to overseas," chairman ...

JSW is working towards a de-risking strategy for iron ore that will fuel its ambition to turn its Bellary plant into world's largest single...

In September, Jindal had told reporters that JSW has offered less than $100 mn for three mills of the insolvent Lucchini and it was in a po...

Lucchini found Cevital's offer more attractive because it foresaw full employment at Piombino, which employs about 2000 people.

Lucchini, Italy's second largest steelmaker, was previously owned by Russia's Severstal but was declared insolvent in 2012 and placed under...

The deal would not involve taking on any debt from the bankrupt company and would not require fund-raising, Sajjan Jindal said.

Ilva is amongst the largest steel plants in Europe. However, it has been blamed to have raised serious health concerns in the region by flo...