JSW Steel CEO reports sourcing coking coal primarily from Australia, the US, and Mozambique, ensuring supply diversification. The finalization of land for a joint steel plant with POSCO may take a few more months, a crucial step for JSW Steel’s capacity expansion and strategic growth .
                                        
                        
	JSW Steel CEO shared strategic insights on the company’s current sourcing of coking coal and progress in finalizing land acquisition for its joint steel plant project with POSCO. These developments reflect JSW Steel’s commitment to strengthening its supply chain and expanding production capacity.
	 
	Coking Coal Sourcing
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		JSW Steel primarily sources coking coal from Australia and the US, ensuring quality raw material inputs for steel manufacturing. A smaller share is procured from Mozambique, diversifying the supply base and mitigating risks .
 
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		The diversified sourcing strategy safeguards the company against geopolitical and supply chain disruptions.
 
	Steel Plant Land Acquisition
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		The process of finalizing land for the joint steel plant with POSCO is underway but may extend over the next few months, reflecting the complexity of large-scale industrial projects.
 
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		This collaboration aims to enhance JSW Steel’s production capacity and technological capabilities, driving future growth.
 
	Strategic Outlook
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		JSW Steel’s leadership continues to focus on robust raw material supply and strategic partnerships to sustain competitiveness.
 
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		The company anticipates smooth progress in the plant development phase once land acquisition is settled.
 
	JSW Steel’s actions demonstrate its proactive approach in securing critical inputs and infrastructure to support long-term expansion plans.
	
	Sources: Reuters, JSW Steel official statements, Business Standard.