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JSW Steel tries out low-quality iron ore from Goa

Reuters  |  NEW DELHI 

By Krishna N DasNEW DELHI (Reuters) - JSW Steel Ltd has bought 11,484 tonnes of low-quality iron ore from Goa, government data showed, a sign that steelmakers are exploring other options after the temporary closure of some mines in Odisha.Goa has traditionally exported most of its iron ore to China as local steel mills preferred using higher-quality ores. Mining bans in some states, however, have forced them to use grades with less iron, which might now help them cope with the mine closures in top iron-ore producer Odisha.JSW could use the Goa ore in its 3.3 million-tonne-per-year coastal ...

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First Published: Mon, May 19 2014. 16:44 IST