JSW Steel Limited reported monthly Crude Steel production at 9.91 lac tons, showing growth of 47% in July '13 at its three manufacturing locations viz. Vijayanagar, Salem and Dolvi all together.
The capacity utilization was lower at Vijayanagar works due to shutdown of one of its Corex furnaces for relining and capacity enhancement and the same is expected to recommence production by end of September 2013.
JSW Steel Ltd., belonging to the JSW group, part of the O P Jindal Group, is one of the lowest cost steel producers in the world. The group has diversified interest in mining, carbon steel, power, industrial gases, port facilities, aluminum, cement, and information technology.
The break-up of production (in lac tons) is as below:
| Particulars | July’13 | July’12 | July’12 | Growth | |
|---|---|---|---|---|---|
| (Reported) | (Pro forma)* | ||||
| Reported | Pro forma | ||||
| Crude Steel | 9.91 | 6.76 | 8.87 | 47% | 12% |
| Rolled Products : Flat | 7.96 | 4.85 | 6.93 | 64% | 15% |
| Rolled Products : Long | 1.86 | 1.42 | 1.42 | 31% | 31% |
>*Re-classified for the purpose of comparison after giving effect of the Scheme of Amalgamation and Arrangement
JSW Steel Limited is engaged in the manufacture of flat and long steel products viz. H R Coils, CR Coils, Galvanised products, Galvalume products, auto grade / white goods grade CRCA Steel, Bars and Rods.
Incorporated in 1994, it has grown to about USD 11 billion over fifteen years of span. JSW Steel Limited is one of the largest producers and exporters of coated flat products in the country with presence in over 100 countries across five continents.
Leave a Reply