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JSW Steel and Japan s JFE Steel will jointly invest Rs5,500 crore in a steel plant in India to produce electrical grade grain-oriented steel, the companies stated in separate press releases. ....
JSW Steel and JFE Steel Corporation are establishing a joint venture in Bellary, Karnataka, with an investment of 5,500 crore rupees. The facility, named JSW JFE Electrical Steel, will produce grain oriented electrical steel, targeting to commence production in 2026-27. This venture aims to cater to the growing domestic demand for this specialized steel, crucial for energy-efficient transformers. It will be the first company in India to have complete manufacturing of such products. ....
Chicago, Jan. 07, 2024 (GLOBE NEWSWIRE) The Global Steel Wire Market size is projected to grow from USD 93.1 billion in 2020 to USD 124.7 billion by 2025, at a CAGR of 6.0% during the forecast period, as per the recent study by MarketsandMarkets™. Steel wires are increasingly used in the construction, automotive, energy, industrial, agriculture, and other end-use industries. The increasing demand of construction end-use industry drives the demand for steel wire. However, the outbreak of COVID ....
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