JSW Steel and POSCO to Consider Establishing Steel Manufacturing Facility in India
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
0mins
Source: Reuters
New Partnership: JSW Steel and South Korea's POSCO have entered into a deal to explore the establishment of an integrated steel plant in India.
Location Considerations: The companies are considering Odisha as a potential site for the proposed plant, which is expected to have a capacity of 6 million tonnes per annum (MTPA).
Previous Collaboration: Last year, JSW Steel and POSCO agreed to set up another integrated steel plant in Odisha with an initial capacity of 5 MTPA, planning to invest approximately 650 billion rupees ($7.44 billion).
Future Ventures: In addition to steel production, JSW Steel is looking to collaborate with POSCO on battery materials for electric vehicles and renewable energy initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
