JSW Steel is not bidding to buy Liberty Steel’s assets

MUMBAI: JSW Steel Limited has refuted the reports regarding bidding to buy Liberty Steel’s assets in UK.

“It is hereby clarified that such reports stating about the JSW Steel’s interest in bidding/buying Liberty Steel’s assets are not only speculative but also misleading and mischievous”.

JSW Steel Ltd. is the flagship company of the JSW Group which has diversified interests in core industries that support India’s infrastructure growth. From a single manufacturing unit in the early 1980s, JSW Steel Ltd, today, is one of the leading integrated steel companies in India with an installed capacity of 18 MTPA and has plans to scale it up in India to 45 MTPA within the next decade. JSW Steel’s manufacturing facility at Vijayanagar, Karnataka is the largest single location steel-producing facility in India with a capacity of 12 MTPA.

The Company has been at the forefront of state-of-the-art, cutting-edge technology, research and innovation while laying the foundation for long term growth Strategic collaborations with global technology leaders to offer high-value special steel products for various applications across construction, infrastructure, automobile, and other sectors. JSW Steel is the only Indian company ranked among the top 10 steel-producers in the world by World Steel Dynamics for the last 10 consecutive years.

JSW Steel Ltd. has been widely recognised for its business and operational excellence. Key honours & awards include Deming Prize for Total Quality Management at Vijayanagar and Salem, DSI RobecoSAM Sustainability Industry Mover Award among others.

www.jsw.in

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