JSW Steel Limited (BSE:500228) will soon put its subsidiary in Italy on the block on as many efforts by the company to revive the business have failed amid rising raw material cost and pressure mounting to make fresh investment to cut emission. However, the plant could not be turned around despite huge investment to upgrade it and cut-down on cost. The Russian invasion of Ukraine has made matters worse by pushing up the cost all around, sources said.

When contracted, JSW Steel declined to comment.