Trade Resources Company News JFE Steel Corporation Signed an Agreement with JSW Steel Limited

JFE Steel Corporation Signed an Agreement with JSW Steel Limited

JFE Steel Corporation announced today that it has signed an agreement with its strategic partner JSW Steel Limited to provide technology for the production of non oriented electrical steel sheets at the Vijayanagar works in India.

JSW Steel plans to start up its new annealing and coating line for electrical steel sheets in latter half of 2014. The initial annual output is projected to be 200,000 tonnes, which will be increased to 0.6 million tons per year in phases.

JSW will also take sight on the production of Cold Rolled Grain Oriented (CRGO) grade in future.

JFE Steel is already providing JSW Steel with manufacturing technology for automotive steel sheets under a separate agreement.

Source: http://www.steelguru.com/indian_news/JSW_Steel_inks_CRNGO_technology_pact_with_JFE_Steel/295486.html
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JSW Steel Inks Crngo Technology Pact with JFE Steel
Topics: Metallurgy