India's JSW Steel, POSCO to invest $7.7 billion in Odisha steel plant, sources say

By Yahoo! Finance | Nov 5, 2024 at 05:56 AM EST

JSW Steel and POSCO plan to invest $7.73 billion in a new steel plant in India, capitalizing on the country's growing steel demand. The plant in Odisha will have an initial capacity of 5 million metric tons and aims to reach 18 million tons in three years.

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