JSW Steel Limited (BSE:500228) said it is evaluating various opportunities for acquisitions to achieve the company's target of becoming 40 million tonnes steel player. "We want to be 40 MT steel player and increase our market share of 13.9 per cent. We would like to grow and evaluating various opportunities, both organic and inorganic," JSW Steel, Joint Managing Director and Group Chief Financial Officer, Seshagiri Rao told reporters here.

Responding to media reports JSW Steel may bid for controlling stake in Bhushan Steel Limited (BSE:500055), Rao said, "We will evaluate the opportunity if it is available. Tendering will be done by banks."