JSW Steel Ltd.

JSW Steel’s crude steel production in April 2013 decreased by 11% and stood at 6.37 lakh tonnes against 7.15 lakh tonnes in April 2012. The steel maker has reported the production of rolled products - flat stood at 4.55 lakh tonnes, a decrease of 13% on year-on-year basis. The production of rolled products - long stood at 1.28 lakh tonnes, lower by 17%, compared to 1.55 lakh tonnes in April 2012.

The availability of quality Iron ore in sufficient quantities remained a challenge for the company, impacting the production and capacity utilization. One of Blast Furnaces at Vijayanagar works was under annual shutdown for 22 days and resumed operations on April 26 2013 and therefore the capacity utilization was lower at -73% at Vijaynagar Works. Similarly one of Blast Furnaces at Salem unit was also under shutdown during April, 2013 which resumed production on 06/05/2013. Consequently, the production was lower during April 2013.

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.