Official says rail orders crucial for JSW Steel's Italian biz survival
Mon, Jun 6, 2022 6:48 AM

Official says rail orders crucial for JSW Steel's Italian biz survival

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JSW Steel Joint MD & Group CFO Seshagiri Rao opined that the fate of JSW Steel's businesses in Italy largely depends on orders from Italian railway authorities. If the steel manufacturer fails to attain it will look at other alternatives. Notably, JSW Italy has previously secured rail orders to the tune of approximately 40,000 metric tonnes from two contracts by Rete Ferroviaria Italiana (Rfi).

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