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JSW Steel Reports Growth in April Crude Steel Production
05/23/2012 - JSW Steel Ltd. reported monthly crude steel production of 715,000 tonnes for April 2012, a 35% increase compared to the corresponding month in the last fiscal year and 10% sequentially.
JSW Steel Ltd. reported monthly crude steel production of 715,000 tonnes for April 2012, a 35% increase compared to the corresponding month in the last fiscal year and 10% sequentially.
The company also reported the production of 525,000 tonnes of flat rolled products in April, a 34% increase over flat rolled production for April 2011, as well as the production of 155,000 tonnes of long rolled products, a 35% increase over long rolled production a year ago.
The capacity utilization at Vijayanagar works remained at around 80% in April 2012 due to inferior quality and inadequate availability of iron ore in E-auction, according to JSW.
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 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 cold rolled/continuously annealed steel, as well as bars and rods. JSW Steel has a presence in over 100 countries across five continents.
