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JSW Steel October crude steel output up 31% at 1.34 million tonne

Flat steel production at 9.58 lakh tonne, up 30% on annual basis

The logo of JSW is seen on the company's headquarters in Mumbai. Photo: Reuters

The logo of JSW is seen on the company's headquarters in Mumbai. Photo: Reuters

Aditi Divekar Mumbai

Sajjan Jindal-led JSW Steel saw its crude steel production for October go up 31 percent on year-on-year basis to 1.34 million tonne.

The company in its release, said that its flat steel production moved up 30 percent in the period under review, while long steel output rose 36 percent.

Flat steel products find application in the automobile sector, while long steel is mainly used in construction and infrastructure.

JSW Steel produced 9.58 lakh tonnes of flat steel in October and 2.79 lakh tonnes of long steel.

The Mumbai-based steel producer has an installed steel-making capacity of 18 million tonne with Vijayanagar as one the largest single location steel producing facility in the country with a capacity of 12 million.

 

 

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First Published: Nov 08 2016 | 2:28 PM IST

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