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JSW Steel and POSCO explore joint steel plant in India, targeting 6 million tonnes annually.
JSW Steel and South Korea's POSCO have signed a non-binding agreement to explore setting up a 6 million tonne per annum steel plant in India, likely in Odisha.
The potential 50:50 joint venture aims to combine JSW's domestic strengths with POSCO's technology to create a competitive manufacturing hub for both domestic and export markets.
A detailed feasibility study will determine the project's viability.
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JSW Steel y POSCO exploran la planta de acero conjunta en la India, con el objetivo de 6 millones de toneladas anuales.