SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JSW Steel planning to buy iron ore from merchant miners in Odisha: Report

27 Sep 2017 Evaluate

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

In this regard, the Sajjan Jindal-led company has initiated discussions with a few merchant iron ore producers in Odisha and is looking to secure long-term raw material supplies for their proposed greenfield steel plant.

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

1239.90 24.35 (2.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×