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JSW Steel’s crude steel production jumps 34% in Q1FY14

16 Jul 2013 Evaluate

JSW Steel has reported monthly crude steel production for Q1FY14 of its three manufacturing locations - Vijayanagar, Salem and Dolvi together. The crude steel production has seen growth of 34% during Q1FY14 2013 at 2.86 million tonnes as against 2.14 million tonnes produced in the corresponding quarter of the previous year.

The production of rolled products (flat) increased by 39% to 2.23 million tonnes compared to 1.61 million tonnes first quarter of the previous year. Meanwhile, the production of rolled products (long) during the quarter rose by 4% at 0.45 million tonnes as compared to 0.44 million tonnes in Q1FY13.

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 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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