coronavirus pandemic is accelerating India’s most valuable steelmaker’s plans to overhaul its loss-making U.S. operations.JSW Steel Ltd.
outlined plans two years ago to invest $1 billion in the U.S. to expand its global footprint. That plan was curtailed by an economic downturn and import tariffs imposed by President Donald Trump, with the situation worsening with the virus outbreak.The company will spend this year “in structurally fixing" its facilities as the pandemic has resulted in the “lowest spread U.S.