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JSW Posts 69% Growth in Crude Steel Production
Mar. 9, 2010 JSW Steel Ltd. reported crude steel production of 502,000 tonnes for February 2010 compared to 297,000 tonnes in the corresponding month last fiscal year, up 69%.
The company achieved 5.42 million tonnes of crude steel production cumulatively up to February 2010 in the current fiscal year, a 61% increase over the corresponding period of last year.
Rolled flat products showed growth of 17%, with 299,000 tonnes produced in February 2010 vs. 257,000 tonnes last February. Rolled long products are up 227%—96,000 tonnes compared to last year’s 29,000 tonnes.
JSW Steel Ltd., belonging to JSW group, part of the O P Jindal Group, is one of the lowest cost steel producers in the world. JSW Steel is engaged in manufacture of flat and long products including hot and cold rolled coils, galvanized and color-coated products, auto grade / white goods grade CRCA steel, bars and rods. Incorporated in 1994, JSW Steel has the largest galvanizing and color coating production capacity in the country and is the largest exporter of galvanized products with presence in more than 100 countries across five continents.