JSW Steel has reported highest ever quarterly crude steel production of 3.87 million tonnes (MT) for Q1 FY2016-17, with a growth of over 14% over the corresponding quarter (Q1 FY2015-16) and 21% over sequential quarter (Q4 FY2015-16).
The production of rolled products (long) increased to 0.85 MT in Q1 FY2016-17 compared to 0.69 MT over the corresponding quarter, representing a growth of 23%. The production of rolled products (flat) during the quarter increased to 2.74 MT as compared to 2.50 MT in Q1 FY2015-16, an increase of 9%.
JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
