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JSW Steel Ltd has denied any CBI raid on its premises at Bellary in Karnataka.
The company said the CBI team visited the company’s Vijayanagar works today morning and sought certain information about procurement of iron ore.
JSW Steel has been procuring iron ore from various sources for its steel production needs and every tonne procured is ‘accounted for, paid for and in compliance with applicable rules and regulations’, the company said in a communication to stock exchanges.
JSW Steel has and will fully cooperate and provide all the information sought by the authorities concerned in this regard, it said.
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