POSCO, JSW Steel sign 10.7 tln-won deal to build steel plant in India
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Source: South Korea
Published: 2026-04-20 20:41 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Financial Markets, India, World News, Asia Pacific
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Snippet:
SEOUL, April 20 (Yonhap) -- South Korea's POSCO Group said Monday it has signed a final agreement with India's JSW Steel to jointly invest 10.7 trillion won (US$7.3 billion) to build a steel plant in India, as part of its strategy to establish a production hub in the South Asian country and strengthen its global supply chain.
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