The company said, “In spite of severe constraints in availability and quality of iron ore in the state of Karnataka, the company could operate its Vijayanagar plant at about 80% capacity due to its unique ability of using low grade iron ore through beneficiation process.”
The company said that its flat steel production grew by 17%, to 5.365 million tonne and long steel production stood at 1.521 million tonne, up by 18%.