The firm is said to
have evinced interest in coal mines owned by Australia's BHP group, which are
undergoing a sale process
JSW Steel has domestic and
international coking coal assets on its radar as it looks to beef up raw
material security.
JSW was recently declared a preferred bidder for two coking coal
blocks in Jharkhand. Jayant Acharya, jt managing director and chief executive
officer, JSW Steel, said, “These are domestic coking coal assets that JSW has
won by bidding on auction. These mines would give us one million tonnes (mt) of
finished coking coal or roughly five per cent of our current requirement.”
“We will continue to pursue such domestic opportunities in the
future,” he added.