JSW Steel Portfolio To Be Skewed In Favour Of Downstream, Specialty Products: Seshagiri Rao

JSW Steel Ltd. is consolidating its business to increase the share of downstream and speciality steel used by auto to infrastructure sectors, according to Managing Director Seshagiri Rao.The company, which recently completed the acquisition of Welspun Corp.’s platemill business and insolvent Bhushan Power and Steel Ltd., expects downstream and speciality steel to contribute more than 55% of its volumes compared with 50% now, said Rao...