Tag: JSW takes IBM to court over its exclusion in ASP calculations
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India: JSW wages legal battle with IBM over exclusion from iron ore price calculation
JSW Steel has taken the Indian Bureau of Mines (IBM) to court over the latter’s decision to leave out some of the iron ore transactions of the steel major for computation of the average sales price (ASP). In a writ filed before the High Court of Orissa, the steelmaker has challenged the IBM’s 12 January…