New Delhi, Oct. 17 -- India-based steel manufacturer JSW Steel announced on Friday that its board has approved reorganisation of its operations in the United States and the merger of some domestic subsidiaries.

The decisions were taken to simplify the group's structure and enhance operational efficiency, the company said in an exchange filing.

JSW Steel is moving to consolidate its US steel manufacturing business into a single holding structure under JSW Steel (Netherlands) B.V. (JSW Netherlands).

"The board of directors at its meeting has approved a strategic reorganisation of the company's US operations as part of its ongoing efforts to consolidate and simplify the overall group structure," the Bombay Stock Exchange filing said.

The...