Investor Presentaiton

270 240 210 Raw Material Prices 495 395 180 177 163 150 120 265 90 91 60 Feb-10 Mar-10 Apr-10 448 249 324 130 Indian Iron Ore 63% Fe dry / China import CFR N. China port Scrap/Shredded / Rotterdam export FOB (RHS) Australian Spot HCC FOB (RHS) China Coke export FOB (RHS) Source: SBB, Macquarie Research (All figures are in USD/ton) May-10 Jun-10 Jul-10 Aug-10 Sep-10 500 450 435 218 400 200 383 Oct-10 11 345 350 155 300 200 250 JSW

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