JSW Steel has entered into a technical pact with JFE Steel Corporation of
The tie-up will also help the company produce high-grade skin panels, now being imported, for cars and bikes. JSW produces 0.8 million tonne of cold rolled coil for carmakers such as Hyundai, Bajaj Auto, Ashok Leyland, Tata Motors and is in the process of getting approval from
Auto-grade steel is lighter than the conventional steel as it is intended to aid in cars achieving greater levels of fuel efficiency. Globally, cars are getting lighter with an eye on emission standards and higher mileage, especially with fuel getting dearer. This is where auto grade steel could play a key role.
Automakers in
Established in 2003, the JFE group was formed from the integration of Kawasaki Steel and NKK Corporation of
| Company Name | CMP |
|---|---|
| Tata Steel | 206.60 |
| JSW Steel | 1215.20 |
| SAIL | 166.10 |
| Jindal Stainless | 779.95 |
| APL Apollo Tubes | 2064.15 |
| View more.. | |
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