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POSCO Holdings, JSW Steel form 50-50 JV to build 6 million-ton India steel mill

PUBT·04/23/2026 07:36:19
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POSCO Holdings, JSW Steel form 50-50 JV to build 6 million-ton India steel mill
  • POSCO Holdings signed a joint venture agreement with JSW Steel to build an integrated steel mill in India.
  • Venture will be co-managed with a 50:50 ownership split.
  • Project targets a 6 million-ton annual crude steel capacity at a site in Odisha.
  • Plant is scheduled for completion by 2031.
  • Partners are assessing use of renewable power to support a lower-carbon production setup aligned with India’s green steel taxonomy introduced in December 2024.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POSCO Holdings Inc. published the original content used to generate this news brief on April 23, 2026, and is solely responsible for the information contained therein.