JSW Steel Ltd.

JSW Steel, part of JSW Group, has reported 15% growth in crude steel production in FY’13 at 8,518 million tonnes as compared to 7,429 million tonnes of last fiscal year. The steel maker has reported the production of rolled products - flat at 6,282 million tonnes an increase by 17% on year on year basis and that of rolled long products at 1,801 million tonnes, an increase of 18%. In spite of sever constraints in availability and quality of iron ore in the state of Karnataka, the company could operate its Vijayanagar plants at about 80% capacity due to its unique ability of using low grade Iron ore through beneficiation process. 

The company has achieved 2% growth in crude steel production in Q4FY13 at 2,109 million tonnes as compared to 2,067 million tonnes in the same quarter of previous year. Meanwhile, production of rolled products - flat for the quarter under review grew by 11% and rolled long products for the quarter under review declined by 6% respectively.

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.