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JSW Steel’s arm records 12% growth in FY17

04 Jul 2017 Evaluate

JSW Steel’s wholly owned subsidiary JSW Steel Processing Centres (JSWSPCL) has registered a growth of over 12 percent by processing 5.41 lakh tonnes of the commodity in 2016-17 financial year. JSWSPCL had processed 4.81 lakh tonnes of steel in the preceding financial year.

JSWSPCL was set up as a steel service centre with an annual sitting capacity of 6.5 lakh tonnes, JSW Steel said in its annual report for 2016-17.

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.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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