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See stronger margins ahead, says Jindal Saw

In an exclusive interview with CNBC-TV18, Indresh Batra, Managing Director of Jindal Saw, says that upcoming the beneficiation plant in Rajasthan would save about Rs 3,500 to Rs 4,000 per ton. “We expect the margins to become much stronger. We expect about Rs 350 crores on an annual basis,” he said.

January 05, 2011 / 12:31 IST
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Jindal Saw has recently singed an iron ore mine lease agreement for the state of Rajasthan. A beneficiation plant is being set up there which is expected to be up and running in September 2011.

In an exclusive interview with CNBC-TV18, Indresh Batra, Managing Director of Jindal Saw, says that the plant would save about Rs 3,500 to Rs 4,000 per tonne.
first published: Jan 5, 2011 12:05 pm

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