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Economy / The Economic Times

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Japan's JFE, JSW forge 15,750-cr steel JV

In a landmark collaboration, JSW Steel is joining forces with JFE Steel in a massive 15,750 crore venture, acquiring Bhushan Power & Steel's facility in Odisha. This transformative agreement is anticipated to cut JSW Steel's debt load by nearly 50%, paving the way for accelerated growth and enhanced operational capacity at Bhushan Power & Steel beyond its current milestones.

4 Dec 2025 12:27 am