JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1234.40
-11.15 (-0.90%)
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JSW Steel aims 15 MT sales in FY17

Date: 27-07-2016

JSW Steel is aiming sales of 15 million tonnes (MT) as well as a production of 15.75 MT per annum (mtpa) in the current financial year. Following the ramp-up of new facilities, the company will be well positioned to deliver around 25% growth in volumes in the coming year.

The firm has completed a few very low-cost and returns-accretive capacity expansion projects at Vijayanagar, Dolvi and Salem in 2015-16.

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.