JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1242.25
12.50 (1.02%)
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JSW Steel enters into joint venture agreement with National Steel Holding

Date: 20-08-2022

JSW Steel has entered into a joint venture agreement (JVA) with National Steel Holding (NSHL) on August 18, 2022 for the purposes of establishing scrap shredding facilities in India using industry leading machinery, technical know-how and relevant processes in a suitable manner. This is in furtherance of the company’s endeavour to reduce its carbon footprint by setting a target of achieving 42% reduction in CO2 emissions intensity by FY 2030, from the base year of 2005.

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.