JSW Steel Ltd.

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.