JSW Steel Limited has recorded decline of 11% in its crude steel production at 637,000 tons during April 2013 as against 715,000 tons produced in the corresponding period last year.
Production of rolled products (Flat) has declined by 13% to reach 455,000 tons compared to 525,000 tons in April last year. The company has produced 128,000 tons of rolled products (long) during the month of April, declined by 17% over the same month last year. Company had produced 155,000 tons rolled products (Long) in April 2012.
“The availability of quality iron ore in sufficient quantities remained a challenge, impacting the production and capacity utilization. One of the 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 about 73%,” the company said in a statement.
Similarly, one of the blast furnaces at Salem unit was also under shutdown during April 2013, which resumed production on May 6, 2013. Consequently, the production was lower during April 2013, the statement further added.
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