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JSW Steel to ink iron ore linkage pact with Odisha Mining Corporation: Report

16 May 2017 Evaluate

In order to secure supplies for its planned 10-million-tonne mega steel plant, JSW Steel is reportedly planning to enter into long-term iron ore linkage arrangement with Odisha government-owned Odisha Mining Corporation (OMC). The company has committed an investment of Rs 50,000 crore on the steel mill and an additional Rs 3,500 crore on associated infrastructure such as coal and iron ore berths and a slurry pipeline.

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.

JSW Steel Share Price

1229.75 6.10 (0.50%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 189.85
JSW Steel 1229.75
Steel Authority 170.00
Jindal Stainless 698.45
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