JSW Steel Limited has reported 8% growth in crude steel production at 2.09 million tonnes for the third quarter ended December 31, 2012 compared to 1.93 million tonnes in the corresponding quarter last year. The production of flat rolled products has gone up 13% to 1.56 million tonnes, while the production of long rolled products has increased 31% to 483,000 tonnes during the quarter.
The capacity utilisation was lower during the third quarter as compared to the second quarter of this fiscal due to inadequate and poor quality of iron ore available through e-auction in Karnataka, the company said in a filing to NSE.
The company achieved crude steel production of 6.40 million tonnes in the first nine months of the fiscal showing a growth of 20% over the same period last year.