POSCO aims to curb China reliance through tie-up with India's JSW

South Korean steelmaker plans $7.7bn plant to tap growing market

20241106N Posco JSW

POSCO Chairman Chang In-hwa, right, and JSW Group Chairman Sajjan Jindal meet in October. (POSCO)

NAMI MATSUURA and YUJI OHIRA, Nikkei staff writers

SEOUL/TOKYO -- With Chinese operations flagging, South Korean steelmaker POSCO Holdings is accelerating a push into the growing Indian market, planning to build a facility with local partner JSW Group.

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