-7.85 (-0.63%) JSW Steel’s crude steel production in Q2FY16 decreased by 1% and stood at 3.25 million tonnes (MT) as compared to 3.30 million tonnes in Q2FY15. The production of rolled products (flat) decreased by 2% and stood at 2.57 million tonnes as compared to 2.61 million tonnes in Q2FY15.
Moreover, the production of rolled products (long) during the quarter rose by 15% at 0.64 million tonnes as compared to 0.56 million tonnes in Q2FY15.
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.