JSW Steel, the flagship of the JSW Group, is reportedly planning to acquire three special steel re-rolling mills of bankrupt Italian steelmaker Lucchini located in Tuscany province. These three units collectively have the capacity to re-roll 1 million tonnes of steel. The company was in advanced negotiations for the asset purchase. The deal for acquiring the asset at a ‘nominal cost’ could come through within weeks.
JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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