JSW Steel’s Vijayanagar plant in Karnataka, India is currently running at 85% capacity utilisation level due to iron ore supply issues.
While the India Supreme Court has approved the opening of 115 Category A and B iron ore mines in Karnataka, only 15 are up and running.
An improved iron ore supply situation will mean that JSW can run the 10Mt/yr Vijayanagar plant at full capacity.
At the moment, JSW’s iron ore is coming from Jharkhand and Odisha as well as via the electronic auction route.