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POSCO and JSW Join Hands to Build 6 Million Ton Integrated Steel Mill in India
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2026-05-12
South Korea's steel giant POSCO will team up with India’s leading steelmaker JSW Steel to build a integrated steel mill in Odisha, eastern India, with an annual capacity of 6 million tons. The total investment is estimated at around KRW 10.7 trillion, with both parties holding 50% stakes and POSCO contributing roughly KRW 5.3 trillion. The facility is scheduled for completion by 2031 and will integrate all major processes—from ironmaking and steelmaking to hot rolling, cold rolling, and galvanizing—aimed at meeting India's rising demand for steel and high‑value‑added products and further strengthening the global supply chain.
In addition, the partners plan to introduce POSCO’s low‑carbon and smart‑factory technologies, combined with JSW’s renewable‑energy infrastructure, to power part of the mill with green electricity, thereby enhancing environmental competitiveness, countering the rise of global trade protectionism, and positioning the joint venture to capture high‑end steel markets under the prevailing carbon‑reduction trend.
韓國POSCO
印度JSW
奧里薩邦
綜合鋼廠
低碳
智慧工廠
可再生能源基礎設施
綠電
South Korea
India
Odisha
integrated steel mill
low carbon
smart factory
renewable‑energy infrastructure
green electricity
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2026-05-12
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