Despite iron ore in hand, JSW plant running at half capacity

The plant is still running at 50 per cent capacity and ramping up has been delayed due to issues related to getting the ore delivered at its gates. Last month, CEO Vinod Nowal said the company had charted a plan to reach 80 per cent capacity in the first week of November, based on the e-auctions scheduled in the last week of October. The company managed to buy over 40 per cent of the ore in the last two auctions, securing 3.4 mt of ore.

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