21.15 (1.73%) 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.