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JSW Steel Reports 9% Increase in Crude Steel Production for Q1 FY 2012
07/08/2011 - JSW Steel Limited reported the production of 1.71 million tonnes of crude steel in the first quarter of fiscal year 2012, a 9% increase over the first quarter of fiscal year 2011.
JSW Steel Limited reported the production of 1.71 million tonnes of crude steel in the first quarter of fiscal year 2012.
The crude steel production total, which included 0.03 million tonnes of trial-run steel from the expansion project, reflects a 9% increase over crude steel production for the first quarter of fiscal year 2011.
Also for the first quarter of fiscal year 2012, the company reported the production of 1.19 million tonnes of flat rolled steel products, a 9% increase compared to the first quarter of fiscal year 2011, and 0.35 million tonnes of long rolled products, a 12% increase compared to the first quarter of fiscal year 2011.
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. The group has diversified interest in mining, carbon steel, power, industrial gases, port facilities, aluminum, cement and information technology. JSW Steel Limited is engaged in the manufacture of flat and long products including hot and cold rolled coils, galvanized and Galvalume products, auto grade / white goods grade CRCA Steel, bars and rods. Incorporated in 1994, it has grown to US $9 billion in little over fifteen years. JSW Steel Limited has the largest galvanizing and color coating production capacity in the country and is the largest exporter of galvanized products with presence in over 100 countries across five continents.
