JSW Steel, South Korea’s POSCO seal 50:50 JV; 6 MTPA Odisha mega plant in pipeline

JSW Steel and POSCO sign 50:50 JV to convert Saffron Resources and build a 6 MTPA greenfield integrated steel plant in Odisha, pending approvals, targeted to start by 2031. Shares of JSW Steel ended higher on Monday, April 20, by 2.76% at ₹1,274.50 on the NSE.

Leave a Reply

Your email address will not be published. Required fields are marked *