Posco, JSW Steel to build integrated steel plant in India

Posco said Monday it would jointly build an integrated steel plant in India with JSW Steel, expanding its presence in the country’s growing steel market and strengthening its global steel supply chain. Posco Group Chairman Chang In-hwa, Posco CEO Lee Hee-geun, JSW Steel CEO Jayant Acharya, JSW Group CEO Sajjan Jindal and other executives signed an agreement in India to start a joint venture, with both parties holding a 50 percent stake. With a planned annual capacity of 6 million tons of crude s

By The Korea Herald