India Steel Market Watch
October 13: As part of its plan to be self-reliant in steel-making raw materials, JSW Steel plans participate in auctions of iron ore mines that are due to start off shortly, Seshagiri Rao, Joint Managing Director at JSW Steel, told ISMW.
“We are looking at backward integration of our operations and looking at mine auctions in India,” Rao said.
JSW would participate in the upcoming auction of 15 mines in Karnataka which are due shortly within the next two months, he said.
Rao said JSW would also keenly participate in the mine auctions in Odisha.