India’s JSW Steel Limited has commenced construction of a 2 million mt per year capacity integrated mill in the southern state of Andhra Pradesh, entailing an investment of $1.72 billion, a company statement said on Monday, July 6.
The project work has been started by its wholly-owned subsidiary, JSW Rayalseem Steel Limited, which is constructing a low-carbon emission steel mill over two phases, the company said.
A key feature of the project is its emphasis on lower-carbon steel production. The facility has been designed as a green steel plant and will utilize scrap-based electric arc furnace (EAF) technology powered by renewable energy sources. The approach is expected to reduce carbon emissions compared with conventional steelmaking methods, the company said.
