JSW Steel Ltd and Japan’s JFE Steel
Corporation announced the signing of a
joint agreement signed where JFE will
provide technology for the production of
non-grain oriented electrical steel sheets
(CRNGO) at the JSW’s Vijayanagar plant in
Karnataka.
By leveraging JFE Steel’s wellestablished
manufacturing technology for
electrical steel, JSW Steel will produce
CRNGO grade electrical steel and supply
to its customers, including local
companies as well as Japanese, European
and US-affiliated companies doing
business in India, a JSW statement said,
further noting that electrical steel sheet
products are primarily imported in India
due to technological constraints. JSW
Steel shall be in a position to cater to fast
growing consumer and industrial
applications market, the company said.
JSW Steel plans to start up its new
annealing and coating line for electrical
steel sheets in latter half of 2014. The
initial annual output is projected to be
200,000 tonnes, which will be increased
to 6,00,000 tonnes per year in phases. The
company will also take sight on the
production of cold rolled grain oriented
(CRGO) grade in future. Implemented in
phased manner, JSW envisages becoming
the largest electrical steel producer in the
country, the statement added.