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18-May2018

JSW Steel finalizes deal to acquire Aferpi for Rs 600 crore

JSW Steel has finalized the deal to acquire Italy's second largest steelmaker Aferpi. The value of the deal is around Rs 600 crore. Aferpi has a capacity to produce 2.5 million tons of steel every year. It used to have an employee-strength of 2,000. Its operations include a blast furnace, a steel mill, a coke oven and a ports.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.


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