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JSW Posts 54% Growth in Q2 Crude Steel Production
10/08/2009 - JSW Steel has posted 54% growth in crude steel production during Q2 FY 2010, achieving its highest-ever quarterly production at 1.539 million tonnes.
JSW Steel Ltd. has posted 54% growth in crude steel production during Q2 FY 2009-10, achieving its highest-ever quarterly production at 1.539 million tonnes (vs. 1.001 million tonnes in Q2 FY 2008-09).
Rolled long products were up 216%: 217,000 tonnes compared to 68,000 tonnes. Rolled flat products showed growth of 28%, with 923,000 tonnes in Q2 FY 2010 vs. 723,000 tonnes in Q2 FY 2009.
The company also registered quarterly sequential growth of 12% in crude steel production, 6% in rolled flat products, and 20% in rolled long products.
JSW’s crude steel production for the half year ended Sept. 30 was 2.916 million tonnes, showing growth of 48% over the corresponding period last year.
JSW Steel Ltd., belonging to JSW group, part of the O P Jindal Group, is one of the lowest cost steel producers in the world. JSW Steel is engaged in manufacture of flat and long products including hot and cold rolled coils, galvanized and color-coated products, auto grade / white goods grade CRCA steel, bars and rods. Incorporated in 1994, JSW Steel has the largest galvanizing and color coating production capacity in the country and is the largest exporter of galvanized products with presence in over 108 countries across five continents.
