Brief: JFE Steel - To Invest About 270 Billion Yen To Transfer Integrated Steel Facility Of Bhushan Power & Steel To A 50-50 Joint Venture Between JFE And JSW
03/12/2025 08:44
Dec 3 (Reuters) - JFE Holdings Inc 5411.T: JFE STEEL: AGREED WITH INDIA'S JSW STEEL FOR JFE TO INVEST ABOUT 270 BILLION YEN TO TRANSFER INTEGRATED STEEL FACILITY OF BHUSHAN POWER & STEEL TO A 50-50 JOINT VENTURE BETWEEN JFE AND JSW JFE STEEL: JOINT VENTURE WITH JSW PLANS TO EXPAND CRUDE STEEL PRODUCTION AT THE INTEGRATED STEELWORKS TO 10 MILLION TONS BY 2030 Source text Further company coverage: 5411.T