India’s largest private sector steel making company – JSW Steel has registered 45% Y-o-Y growth in its crude steel production.
JSW Steel in its today’s press release declared that its crude steel production had moved up to 1.227 MnT in Nov’16 compared to the same period last year. The steel maker’s crude steel output in Nov’15 was recorded at 0.845 MnT.
However on monthly premises, company’s crude steel output declined by 8% M-o-M as its crude steel output was registered at 1.34 MnT in Oct’16.
Alongside, production of flat steel products has also moved up by 71% Y-o-Y to 0.887 MnT in Nov’16.
However production of long steel products declined by 2% Y-o-Y to 0.221 MnT in Nov’16.
JSW Steel Production Analysis
|
Particulars |
Nov’16 | Oct’16 | M-o-M | Nov’15 |
Y-o-Y |
| Crude steel | 1.227 | 1.34 | -8.4% | 0.845 | +45% |
| Flat Products | 0.887 | 0.96 | -7.6% | 0.519 | +71% |
| Long Products | 0.221 | 0.28 | -21% | 0.225 | -2% |
Quantity in MnT
Source: JSW Steel corporate announcement
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