Crude Steel production growth : 78% in November’13

New Delhi, December 9, 2013 (Washington Bangla Radio): JSW Steel Limited reports Crude Steel production for November 2013, at 10.72 lacs tonnes showing a growth of 78% over corresponding month of previous year.

JSW Steel Ltd., belonging to the JSW group, part of the O P Jindal Group, is one of the lowest cost steel producers in the world. The group has diversified interest in mining, carbon steel, power, industrial gases, port facilities, aluminum, cement and information technology. JSW Steel Limited is engaged in manufacture of flat and long products viz. H R Coils, CR Coils, Galvanised products, Galvalume products, Colour coated products, auto grade / white goods grade CRCA Steel, Bars and Rods. Incorporated in 1994, it has grown to about US $11 billion in little over fifteen years. JSW Steel Limited is one of the largest producers and exporters of coated flat products in the country with presence in over 100 countries across five continents.

The break-up of production is as below (Lac Tons):

Particulars
Nov.’13 Nov.’12
(Reported)
Nov.’12
(Pro forma)*
Reported Growth Pro forma Growth
Crude Steel 10.72
6.03 8.37
78% 28%
Rolled Products : Flat 8.31 5.15 7.34 61% 13%
Rolled Products : Long 1.44 1.67 1.67

-14%

-14%

*re-classified for the purpose of comparison after giving effect to the Scheme of Amalgamation and Arrangement