Cyclone Narelle shuts key Pilbara iron ore ports China steel emissions fall 12.2% in February India raises commercial LPG supply to 70% UK puts domestic steel first in public contracts
JSW Steel said Japan’s JFE Steel has invested ₹7,875 crore in JSW Kalinga Steel, securing a 25% stake in the company. The deal marks a significant step in deepening the long-standing partnership between the two steelmakers and strengthens their strategic presence in India’s steel sector.
The investment is part of a larger structure under which JFE is set to acquire up to 50% stake in phases, with the current tranche establishing joint control at the JSW Kalinga level. The move is aimed at supporting expansion, improving scale, and building stronger upstream and downstream capabilities in one of the world’s fastest-growing steel markets.
For the steel industry, the development signals continued confidence in India’s long-term demand outlook. It also highlights how global steel companies are choosing partnerships and targeted investments to expand capacity, strengthen technology collaboration, and improve market reach.
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