JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
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JSW Steel’s arm records 12% growth in FY17

Date: 04-07-2017

JSW Steel’s wholly owned subsidiary JSW Steel Processing Centres (JSWSPCL) has registered a growth of over 12 percent by processing 5.41 lakh tonnes of the commodity in 2016-17 financial year. JSWSPCL had processed 4.81 lakh tonnes of steel in the preceding financial year.

JSWSPCL was set up as a steel service centre with an annual sitting capacity of 6.5 lakh tonnes, JSW Steel said in its annual report for 2016-17.

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.