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JSW Steel - Latest news GMK Center

Photo – JSW Italy has reached an agreement with the Italian government on the development of the Piombino steelworks
JSW Italy has reached an agreement with the Italian government on the development of the Piombino steelworks

Trade unions expressed particular interest in the issue of employment guarantees for workers

Photo – JSW Steel is to build a €1.5 billion low-carbon steel plant in India
JSW Steel is to build a €1.5 billion low-carbon steel plant in India

Once the second phase has been completed, the plant will be able to produce up to 2 million tonnes of rolled steel per year

Photo – JSW Steel begins construction of a new steel plant in Odisha
JSW Steel begins construction of a new steel plant in Odisha

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

Photo – JSW Steel is accelerating its capacity expansion in India
JSW Steel is accelerating its capacity expansion in India

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

Photo – JSW Steel is investing $2.5 billion in capacity expansion
JSW Steel is investing $2.5 billion in capacity expansion

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

Photo – JSW Steel and POSCO have announced a joint venture to build a steel plant in India
JSW Steel and POSCO have announced a joint venture to build a steel plant in India

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

Photo – JSW Steel and Japan’s JFE Steel are finalizing the establishment of a joint venture
JSW Steel and Japan’s JFE Steel are finalizing the establishment of a joint venture

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

Photo – JSW is asking the Indian government to intervene due to a gas shortage for the steel industry
JSW is asking the Indian government to intervene due to a gas shortage for the steel industry

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

Photo – India’s JSW Steel increased steel production by 17% y/y in July-September
India’s JSW Steel increased steel production by 17% y/y in July-September

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

Photo – India’s Supreme Court approves JSW Steel’s acquisition of Bhushan Power and Steel
India’s Supreme Court approves JSW Steel’s acquisition of Bhushan Power and Steel

The court overturned its previous decision to reject the deal

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