Rising cost of iron ore, freight in Odisha have vexed steel producers: JSPL

The company's chairman, Naveen Jindal, also rues coal shortage for the industry in the state

The rising costs of iron ore and mineral freight in Odisha has added to the woes of steel companies, Naveen Jindal, chairman of Jindal Steel & Power Ltd (JSPL) said.

“While iron ore price in the international market is decreasing, the same in Odisha is increasing. Also, the transporters are increasing the freight rate from time to time. This adds to the challenges faced by the steel industries in the state,” said Jindal after an interaction with A P Padhi, the state chief secretary.

Jindal rued that there is lack of coal for steel industries in the state. Against this