JSW Steel

JSW Steel Arm Completes $74.24 Million Acquisition of 92% Stake in Minas de Revuboe

JSW Steel, one of India’s largest steel producers, has announced that its subsidiary has successfully completed the acquisition of a 92% stake in Minas de Revuboe (MdR), a coal mining company based in Mozambique, for $74.24 million. This strategic move strengthens JSW Steel’s raw material security and enhances its global footprint in the metallurgical coal…

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ArcelorMittal

ArcelorMittal Nippon Steel India to start work on Rs 70,000 cr Andhra steel plant next week

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between global steel giants ArcelorMittal and Nippon Steel, is set to begin construction of its ambitious ₹70,000 crore steel plant in Andhra Pradesh next week. This mega project, located in Kadapa district, is expected to transform India’s steel industry and boost regional economic development. Project Overview…

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