JFE Steel to Extend Processing Technology of Oriented Magnetic Steel Sheets to JSW Steel

JFE Steel announced on 17th, the firm agreed to extend JSW Steel, which is a major iron and steel maker in India, manufacturing technology of oriented magnetic steel sheets. JSW plans to operate annual output 200,000 tons of line for annealing and coating for magnet in Vijayanagar Works in the end of 2014. And JFE and JSW keep pace with growing demand for home electronics and industrial motor with concerted efforts.