Tag: JSW
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India: JSW Steel plans to surrender Jajang iron ore mine again citing uneconomic conditions
JSW Steel has said that it will be surrendering the Jajang iron ore block in Odisha. The steelmaker, also India’s fifth largest Indian iron ore producer , in a statement to the stock exchange explained that operating the mine at a premium of 110% is uneconomical. Interestingly, JSW steel has also been exporting low grade…