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Steel Synergy: JSW & POSCO Pursue Partnership Paradigm
JSW Steel & POSCO Group have signed a Heads of Agreement to explore building a 6 million tonnes per annum integrated steel plant in India. The proposed 50:50 joint venture combines JSW's domestic expertise alongside POSCO's advanced technology. Odisha is being considered as the potential location for this facility. The partnership aligns alongside India's self-reliance goals & export ambitions, requiring detailed feasibility studies before final terms are determined.
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