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JSW Steel’s crude production rises by 25% on y-o-y basis

12 Jun 2012 Evaluate

JSW Steel, part of JSW Group, has reported the monthly crude steel production of 7.24 lakh tons for May 2012, up by 25% as compared to corresponding month last fiscal.

The steel maker has reported the production of rolled products - flat at 5.12 lakh tons an increase by 31% on year on year basis and that of rolled long products at 1.49 lakh tons, an increase of 27%. The capacity utilization at Vijaynagar works remained at around 80% in May 2012 due to constrains in availability of iron-ore in the Karnataka State.

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.

Peers
Company Name CMP
JSW Steel 1187.00
Tata Steel 167.25
Steel Authority 165.00
Jindal Stainless 688.40
APL Apollo Tubes 2021.00
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