JSW Steel Posts 8% Growth in Crude Steel Production
OREANDA-NEWS. March 9, 2011. JSW Steel Ltd reported a growth of 8% in crude steel production for the month of February 2011, compared to the corresponding month in the last financial year.
The break-up of the production numbers is as follows:
Product |
Production (Lakh tonnes) | ||
Feb 2011 |
Feb 2010 |
Growth | |
Crude Steel |
5.41 |
5.02 |
8% |
Rolled Products : Flat |
4.42 |
3.00 |
48% |
Rolled Products : Long |
0.75 |
0.96 |
-22% |
JSW Steel Ltd, belonging to JSW Group, and part of the O P Jindal Group, is one of the lowest cost steel producers in the world. The Group has diversified interests in mining, carbon steel, power, industrial gases, port facilities, aluminum, cement, and information technology.
JSW Steel is engaged in the manufacture of both flat and long steel products - viz. HR coils, CR coils, galvanized products, auto grade/white goods grade CRC steel, and bars and rods.
Incorporated in 1994, it has grown to USD 5 billion in fifteen years. JSW Steel has the largest galvanizing and colour coating production capacity in the country and is the largest exporter of galvanized products with a presence in over 100 countries across five continents.
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