JFE Steel, JSW Steel Invest to Add 5 Million Tonnes of Annual Capacity in India

Bitget2026/10/23 09:54

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JFE Holdings' JFE Steel agreed with JSW Steel on October 23, 2026, to expand their Indian joint venture's steelmaking capacity.
The Sambalpur plant in Odisha will add 5,000,000 tonnes of annual crude steel capacity, raising output capacity to 9,500,000 tonnes.
The expansion is scheduled to start operations in 2030, adding ironmaking, steelmaking, rolling and power infrastructure.
The equally owned venture, JSW JFE Steel, targets eventual annual crude steel capacity of approximately 15,000,000 tonnes through phased expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JFE Holdings Inc. published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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JFE Steel, JSW Steel Invest to Add 5 Million Tonnes of Annual Capacity in India

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