India's third-largest steelmaker JSW Steel is actively looking to acquire steel companies in India with capacity for value-added products, as it looks to boost margins and expand its offerings. JSW Steel, in which Japan's JFE Holdings owns about 15%, is looking for acquisitions of galvanising and colour-coating steel mills of between 150,000 to 200,000 tonnes capacity. Late last year, JSW had bought a controlling stake in rival Ispat for Rs 2,475 crore, expanding its operations and taking its total steelmaking capacity up to 14.3 million tonne.
