JSW Steel has bagged another iron mine Ganua in Odisha in the ongoing mine auctions with 118 million tonnes of reserves. This is the third consecutive mine it has won with 118 MT at 132 per cent premium.
Earlier, JSW Steel won the largest iron ore block, the Nuagaon mine, in Odisha with estimated reserve of around 790 million tonnes (MT) followed by winning Narayanposhi iron block with 190 MT reserve beating players like ArcelorMittal, Vedanta, Adani etc.
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.
