JSW Crude Steel Production Grew by 27% in 1Q

OREANDA-NEWS. July 23, 2012. JSW Steel Limited reported 27% growth in crude steel production in Q1 FY 2013 compared to that of corresponding period of last fiscal year.

The break-up of quarterly production is as below:

Vijayanagar works could operate at about 80% capacity utilization during Q1 FY13 due to constraints in availability and quality of Iron ore in E-Auction in the State of Karnataka.

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, Aluminium, Cement and Information Technology. JSW Steel Limited is engaged in manufacture of flat and long products viz. H R Coils, C R Coils, Galvanised products, Galvalume Products, auto grade / white goods grade CRCA Steel, Bars and Rods. Incorporated in 1994, it has grown to USD  9 billion in less than two decades. JSW Steel Limited is one of the largest galvanizing and colour coating production capacity in the country and is the largest exporter of galvanized products with presence in over 100 countries across five continents.