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JSW Steel plans to use low-grade iron ore

This is the first time an Indian steel company would use 46% Fe content ore as raw material

To tackle the shortage of iron ore, JSW Steel plans to use low-grade iron ore dumps, with 46 per cent iron (Fe) content, at its Bellary steel plant. This would be the first time an Indian steel company would use such low-grade haematite iron ore as raw material. So far, JSW Steel has used iron ore with 52 per cent iron content. The company has set a production target of nine million tonnes (mt) for this financial year. “We have had a tough time in the last two years, when we were stabilising our 10-mt steel plant. Our requirement is 15 mt a year. For us, securing such a large ...