JSW Steel plans to send hot rolled coils from India and further finished products will be sold to the customers in Europe. Photo: ReutersNew Delhi: Private steel maker JSW Steel is close to acquire Italy-based Aferpi steel firm for Rs600 crore, a person in the know of the matter said. An email query sent to JSW Steel remained unanswered. Hot rolled coils will be sent from India and further finished products will be sold to the customers there. JSW Steel had earlier also tried to acquire Italian property in 2014 when it was known as Lucchini.

Source: Mint February 25, 2018 11:15 UTC