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JSW Steel begins integration of Aferpi specialised steel plant in Italy

01 Aug 2018 Evaluate

JSW Steel has begun integration of its Aferpi specialised steel plant in Italy. JSW Steel through its wholly-owned subsidiary in Italy acquired 100% stake in Aferpi for Euro 55 million. The acquisition of Aferpi will help the company expand its reach in the specialty steel long products market.

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.

Peers
Company Name CMP
JSW Steel 1259.00
Tata Steel 178.60
Steel Authority 178.75
Jindal Stainless 750.30
APL Apollo Tubes 2145.00
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