JSW Steel Completes Acquisition of thyssenkrupp Electrical Steel India for INR 4158 Crore

JSW Steel has acquired thyssenkrupp Electrical Steel (tKES) India Private Limited, the specialty steel unit of German engineering group thyssenkrupp, for INR 4158 crore. Feb 5, 2025 JSW Steel Limited, in collaboration with Japan’s JFE Steel Corporation, has successfully completed the acquisition of thyssenkrupp Electrical Steel (tKES) India Private Limited, the specialty steel unit of […]
Thyssenkrupp Sells Hot Dip Galvanized Plant to Spanish Network Steel

The new plant is expected to diversify Network Steel’s galvanized product capacity and strengthen its geographical sales areas. Jan 2, 2025 Leading global manufacturer of packaging steel, Thyssenkrupp, has signed an agreement with Spanish steel supplier Network Steel, for the sale of its Galmed plant in Sagunto, Spain, having an annual production capacity of about […]
JSW & JFE Steel to Jointly Acquire thyssenkrupp for INR 4,051 Crore

The acquisition will enable the consortium of JSW and JFE to manufacture grain-oriented electrical steel in the country, enabling import substitution and taking another step towards a self-reliant India. Oct 22, 2024 JSW Steel Limited, in collaboration with Japan’s JFE Steel Corporation, has entered into a share purchase agreement to acquire 100 percent of equity […]