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JSW Steel Oct production down 2% at 5.7 lakh tonne

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:43 AM IST

JSW Steel today reported an increase of 2% in October crude steel production at 5.7 lakh tonne over the corresponding month last year.

The company had produced 5.59 lakh tonne crude steel in the year-ago period.

JSW Steel said its Vijaynagar plant could utilise only 67% of its installed capacity due to shortage of iron ore.

"Even though the company procured iron ore through e-auctions, the availability of ore at plant remains a bottleneck due to procedural delays and logistics constrains in movement of ore," it said in a statement.

The company had produced 17.38 lakh tonne crude steel in the second quarter of the current fiscal.

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First Published: Nov 25 2011 | 6:02 PM IST

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