JSW Steel posts 5% rise in crude steel production in June qtr
- PTI
- July 9, 2018
Mumbai: JSW Steel today reported a 5 per cent year-on-year increase in its crude steel production at 4.12 million tonnes (mt) in the June quarter.
The company had produced 3.91 mt of crude steel in the Q1 FY18, according to a company release.
"JSW Steel reported crude steel production 4.11 million tonnes for Q1 FY 2018-19, registering growth of 5 per cent over corresponding quarter of FY 2017-18," it said.
Its production of long rolled products rose by 12 per cent at 0.93 mt in the June quarter, against 0.83 mt in the same period last year. The production of flat rolled products increased by 4 per cent to 2.87 mt against 2.76 mt.
JSW Steel is a part of the diversified USD 13 billion JSW Group, which has a presence in steel, energy, infrastructure and cement. It has an installed steel-making capacity of 18 mt per annum (mtpa).
The company's plant at Vijayanagar in Karnataka is the largest single location steel producing facility in the country with a capacity of 12 mtpa.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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