JSW crude steel production rises 8 percent in H1 FY11
By IANSFriday, October 8, 2010
NEW DELHI - India’s third largest steel maker JSW Steel Friday reported a 8 percent growth in crude steel production in the first half of fiscal 2010-11 compared to the corresponding period last fiscal.
The company produced 3.14 million tonnes of crude steel in the first six months of the current fiscal.
Production of flat rolled products for second quarter stood at 1.27 million tonnes and long rolled products were 0.26 million tonnes, the company said in a regulatory filing.
The company has started generation of power at its 300 MW captive power plant and heating of two blocks out at four blocks of Coke Oven-4, as part of 10 million tonnes per annum expansion project at Vijayanagar works, it added.
The scrip of the JSW steel declined by 3.56 percent to trade at Rs.1,322.35.
