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Ann: JSW Steel India Executes Offtake Agreement, page-4

  1. 802 Posts.
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    Jw steel is a steel producer. Buying and operating a small iron ore producer wouldn't be part of their strategy (I could be wrong). Largest steel company in India.. Now they could convince larger banks to loan money for phase 2 without an equity conversion option.

    Curious that they consider the phase 2 iron ore a premium product. I wasn't aware they had a plant to produce samples from.. Anyone?
 
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