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JSW crude steel production up 29%

Source : IBNS
Last Updated: Fri, Sep 13, 2013 10:14 hrs
An employee walks past columns of steel as she works at a steel production factory in Wuhan

Mumbai: JSW Steel Limited, one of the lowest cost steel producers in the world, reported that its crude steel production for August stood at 9.85 lacs tonnes, showing a growth of 29%.

The company took shutdown of one of its Corex furnaces for relining and capacity enhancement and the same is expected to recommence production during September.

The capacity utilization at Vijayanagar works remains at around 80% due to iron ore shortage caused by inordinate delays in opening Category A & B mines even after the Supreme Court order in April to resume mining operations.


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