-7.85 (-0.63%) JSW Steel’s crude steel production in Q3FY16 decreased by 15% and stood at 2.70 million tonnes (MT) as compared to 3.17 million tonnes in Q3FY15. The production of rolled products (flat) decreased by 27% and stood at 1.87 million tonnes as compared to 2.56 million tonnes in Q3FY15. However, the production of rolled products (long) during the quarter rose 26% at 0.63 million tonnes as compared to 0.50 million tonnes in Q3FY15.
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.