Due to iron ore supply issues, JSW Steel’s Vijayanagar plant in Karnataka is currently running at 85 per cent capacity utilisation level. While the Supreme Court has approved the opening of 115 Category A and B iron ore mines in Karnataka, only 15 are up and running.
With an improved iron ore supply situation, JSW can run the 10 mt/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.