JSW Steel may source iron ore from merchant miners for Odisha plant

Steel major open to bidding for iron ore blocks offered by the state govt

The Sajjan Jindal-led JSW Steel is likely to buy iron ore from merchant miners in Odisha to cater to the requirement of its 10 million-tonne-per-annum (mtpa) steel plant and a pellet unit proposed in the state. The company has pegged its annual iron ore requirement for the two facilities at 30 million tonnes.
 

"JSW Steel has initiated discussions with a few merchant iron ore producers in Odisha. They are looking to secure long-term raw material supplies for their proposed greenfield steel plant", said a source close to the development.

JSW Steel, however, refused to comment on the development. A questionnaire