JSW and JFE Steel Invest to Reach 9.5M Tonnes in Sambalpur, Odisha

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Source: JFE Steel Corporation

Nov 2026 : JFE Steel Corporation and JSW Steel Limited recently announced a substantial capital investment to expand crude steel production capacity at their joint venture facility in Odisha.

The board of JSW JFE Steel Limited (JJSL) approved the plan on October 23, 2026, marking a pivotal step in expanding operations at the Sambalpur steelworks. The upcoming investment will more than double the plant’s current annual crude steel output from 4.5 million tonnes to 9.5 million tonnes, with commercial operations targeted for calendar year 2030.

The expansion plan features a comprehensive upgrade to the integrated steelmaking site:
1. Ironmaking: Construction of a new blast furnace, two coke oven batteries, and a pellet plant.
2. Steelmaking & Rolling: Installation of two converters, two slab continuous casting machines, and a hot strip mill.
3. Infrastructure: Dedicated power generation utility facilities to support increased operational demand.

This phase builds on the integrated steelworks joint venture established by both companies in December 2025. Over the long term, the partners aim to scale the Sambalpur facility’s crude steel production capacity to approximately 15 million tonnes per year.

India’s rapid industrial expansion makes it a centerpiece of JFE Steel’s international growth strategy. The Tokyo-based steelmaker aims to generate JPY 200 billion in overseas business profit as part of its broader long-term goal of JPY 500 billion in steel segment profits by fiscal 2035.