JSW Steel Ltd. (JSW) entered into an strategic alliance with JFE Steel Corporation (JFE) to leverage each others strength to their mutual benefit. JFE is the second largest steel company in Japan with an annual production of 33 MTPA, and ranks sixth in the world. JFE is wellrenowned for its technological prowess in value added products. The crux of the alliance is the interest evinced by JFE in participating in JSW's 10 MTPA Bengal Steel project and automotive grade steel production. The alliance broadly agrees on collaborating on technology and materiel supplies. It would also cover co-operation on energy and...