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JSW Steel reports 25% growth in crude steel production in September’12

15 Oct 2012 Evaluate

JSW Steel’s crude steel production for September 2012 increased by 25% at 7.33 lakh tonnes against 4.75 lakh tonnes in September 2011. The steel maker has reported the production of rolled products - flat at 4.52 lakh tonnes on year on year basis and that of rolled long products at 1.55 lakh tonnes, an increase of 47%.

The company has achieved 25% growth in crude steel production for Q2FY13 at 21.72 lakh tonnes as compared to 17.38 lakh tones in the same quarter of previous year. Meanwhile, production of rolled products - flat and rolled long products for the quarter under review grew by 12% and 29% respectively.

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 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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