SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JSW Steel’s crude steel production up 2% in October

25 Nov 2011 Evaluate

JSW Steel has reported crude steel production of 5.70 lakh tonnes, with a growth of 2% for October 2011 compared to that of corresponding month in the last fiscal year and 20% sequentially.

The company has posted a growth of 5% in production of Rolled Products (Flat) at 4.35 lakh tonnes in October 2011 compared to 4.17 lakh tonnes during October 2010. However, the company has witnessed a decline of 8% in production of Rolled Products (Long) at 0.93 lakh tonnes in October 2011 compared to 1.01 lakh tonnes during October 2010.

The company's Vijayanagar unit operated only at an average capacity utilization rate of 63% during October 2011 due to shortage of iron ore. Even though the company procured iron ore in the E-auctions, the availability of ore at plant remains a bottleneck due to procedural delays and logistical constraints in movement of ore.

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.

JSW Steel Share Price

1239.90 24.35 (2.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×