JSW Steel Limited — Updates, 29-10-2024: Press Release

JSW Group has signed a Memorandum of Understanding (MoU) with Korea's POSCO Group to develop an integrated steel plant in India with an initial capacity of 5 million tonnes per annum. The partnership will also explore collaborations in battery materials and renewable energy. This venture aims to enhance India's steel production capacity and promote sustainable practices, leveraging JSW's manufacturing strengths and POSCO's technological expertise.