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JSW finds alternate iron ore sources on NMDC suspension of mining in Donimalai-The 20th China (Guangzhou ) Int’l Casting product Exhibition
11/23/2018 铸件展-casting expo-Die-casting expo-foundry expo |
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Money Control reported that NMDC''s suspension of operations at its Donimalai iron ore mine in Karnataka will hit operations of steel companies in the state, including those of JSW Steel. However, JSW has made additional arrangements to meet its requirement. Mr Seshagiri Rao, Joint Managing Director and Group Chief Financial Officer, JSW Steel said that "JSW Steel has been sourcing part of its iron ore requirements for its Karnataka plant from outside Karnataka as there is a persistent shortage of ore and uncompetitive pricing. The temporary suspension of mining at Donimalai plant will further increase the shortages of iron ore in Karnataka and JSW Steel has made arrangements to source more iron ore from outside Karnakata to ensure uninterrupted supply and running of steel plant.”
NMDC has suspended operations after the state government imposed an 80 percent premium on sales from the iron ore mine. NMDC said in its statement that "Pending the decision on the representation by the Karnataka government, the production has been temporarily suspended.”
铸件展-铸件采购会-国际铸件展-2019第二十届广州国际铸件展会-巨浪展览
-The 20th China (Guangzhou ) Int’l
Casting product Exhibition
-Casting product Exhibition, 2019 casting
product Exhibition, China Casting product Exhibition, Casting Exhibition, China
Casting Exhibition, 2019 Casting Exhibition, Casting product Expo, 2019 casting
product Expo, China Casting product Expo, Casting Expo, China Casting Expo,
2019 Casting Expo,
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