INSUBCONTINENT EXCLUSIVE:
and Europe to expand its global footprint, betting that vibrant growth will underpin demand in overseas markets and complement a boom at
After meeting half its target for 10 million tons of capacity overseas, the steelmaker is now looking to buy more facilities, Rao said in
Mumbai.While the global industry has been roiled this year by tariffs imposed by U.S
Worldwide production hit a record in May as capacity utilization climbed, according to the World Steel Association
Against that backdrop, Mumbai-based JSW has been busy: after announcing a move to triple output at its Texas plant, it snapped up another
more than 60 percent over the past year, aided by record output and profit
To meet local demand, the company plans a $6 billion capacity expansion in India
trade agenda, Trump imposed a tariff of 25 percent on imported steel aiming to restrict a flood of cheap foreign supplies
be is preparing its own measures.In Europe, ArcelorMittal is selling assets in Italy, Belgium, the Czech Republic, Luxembourg, Romania and
produced 15.8 million tons of crude steel in the year to March 31, up 26 percent from a year ago
edited by TheIndianSubcontinent staff and is auto-generated from a syndicated feed.)
