JSW Steel - Latest news GMK Center

The total investment in the project is estimated at $6.8 billion

The company notes that the European CBAM will not have a significant impact on them

The investments will take place against the backdrop of an infrastructure boom in India

The agreement is expected to be finalized by the end of this year

The Japanese steelmaker has already invested in the acquisition of a 25% stake

A division of JSW Steel warns of potential disruptions in the production of galvanized products due to a shortage of natural gas and propane

Consolidated sales increased by 14% y/y

Sales in the second quarter of FY2025/2026 increased by 20% y/y

The court overturned its previous decision to reject the deal

The company cited operational difficulties at two plants

The partners plan to increase the capacity of two plants to meet growing demand for electrical steel

A significant portion will be allocated to the expansion of the steel plant in Dolvi