Arab Steel Summit

August 10, 2025

JSW and JFE invest $669 million to expand electrical steel production in India

India’s JSW Steel and Japan’s JFE Steel have announced a joint investment of 58.45 billion rupees (approximately $669 million) to increase cold-rolled electrical steel production at two plants in India, according to Reuters, citing JSW’s stock exchange disclosure. Electrical steel is a key material in the energy sector, particularly in transformer manufacturing, due to its

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Malaysia: Closure of Two Steel Companies in Tangerang Over Environmental Violations

The Malaysian Ministry of Environment (KLH) has announced the closure of two iron and steel smelting companies in the Jatiuwung area of Tangerang, Banten Province, after they were found to have caused severe environmental pollution and committed regulatory violations, including the lack of exhaust gas emission control systems. Environment Minister Hanif Faisal Nurofik, during the

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