JSW Steel’s crude steel production in August, 2013 increased by 29% and stood at 9.85 lakh tonnes against 7.63 lakh tonnes in August, 2012.The production of rolled products (flat) increased by 60% to 8.24 lakh tonnes compared to 5.14 lakh tonnes in July last year. However, the production of rolled products (long) during the month fall by 13% at 1.28 lakh tonnes as compared to 1.48 lakh tonnes in August, 2012.
The Company took shutdown of one of its Corex furnaces for relining and capacity enhancement and the same is expected to recommence production during September 2013. The capacity utilization at Vijayanagar works remains at around 80% due to iron ore shortage caused by inordinate delays in opening Category A & B mines even after Supreme Court order in April 2013 to resume mining operations.
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.
