-7.85 (-0.63%) JSW Steel’s crude steel production in October 2014 decreased by 2% and stood at 10.46 lakh tonnes (LT) as compared to 10.62 lakh tonnes in October 2013. The production of rolled products (flat) decreased by 5% to 8.28 lakh tonnes compared to 8.67 lakh tonnes in October last year.
However, the production of rolled products (long) during the month increased by 3% at 1.53 lakh tonnes as compared to 1.49 lakh tonnes in October 2013. The crude steel production was lower due to planned shutdown of Blast furnace at Dolvi for about 7 days during October 2014.
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.