MoneyWorks4Me

JSW Steel reports crude steel production of 16.69 MT in FY19

09 Apr 2019 Evaluate

JSW Steel has reported crude steel production of 16.69 million tons (MT) in FY19, registering a growth of 3% over corresponding period of previous year. The production of rolled products (long) increased to 11.74 MT in FY19 as compared to 11.44 MT in FY18, representing a growth of 3%. The production of rolled products (flat) stood at 3.87 MT in FY19 as compared to 3.56 MT in FY18, a growth of 9%.

Further, the company has also reported crude steel production of 4.17 MT in Q4 FY19, registering a fall of 3% over corresponding period of previous year. The production of rolled products (long) increased to 3.01 MT in Q4 FY19 as compared to 2.98 MT in Q4 FY18, representing a growth of 1%. The production of rolled products (flat) stood at 0.99 MT in Q4 FY19 as compared to 1.07 MT in Q4 FY18, a decline of 8%.

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
View more..