JSW Steel Q4 steel prodn up 20%

JSW Steel today reported a 20% growth in crude steel production at 7,14,000 tonne during the final quarter for FY2007. Production of HR coils and HR plates rose 17% and 64%, respectively, to 6,48,000 tonne and 60,000 tonne during the same period.

Production of galvanised products, however, fell 15% to 1,82,000 tonne. Operations of the damaged Vijayanagar plant is expected to start in the later part of April 2007.