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JSW Steel plans to import 10 million tonne of iron ore: Report

23 Sep 2014 Evaluate

After having seen a severe shortage and unreasonable prices in India, JSW Steel is reportedly planning to import 10 million tonne of iron ore this financial year. Earlier, the company had planned to import 6 million tonne of iron ore in this fiscal.

JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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