JSW Steel Q3 production up 16 per cent to 3.19 MT

JSW Steel's crude steel production during the third quarter of the current fiscal went up by 16 per cent to 3.19 million tonnes (MT).

The company had produced 2.76 MT crude steel in the same quarter of the last fiscal on pro-forma basis, it said in a statement issued today.

While the production of flat products grew by 17 per cent at 2.57 MT during the October-December quarter, the production of long products saw a nine per cent decline to 0.44 MT.

Flat products are mainly used in automobiles and white goods sectors while long products find application in construction sector.

Production of JSW Steel, which completed the merger of JSW Ispat in June 2013, in the month of December grew by 11 per cent to 1.05 MT as compared to 0.95 MT a year ago.

The production of flat and long products was at 0.87 MT and 0.15 MT, respectively during the month.

For the nine-month period of current fiscal, production of the company stood at 9.03 MT as compared to 8.42 MT during the April-December period of last fiscal.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • FDI in insurance must be allowed with a rider to increase penetration

    The Union cabinet has cleared the proposal to raise foreign direct investment (FDI) in the insurance sector through the FIPB route from the current 26

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Which is safer? Flying or driving?

The recent tragedies involving the Taiwan’s TransAsia Airways flight, and ...

Parvez Imam

Revisiting history can do us all good

We often think that we understand history. We read it ...

Bubbles Sabharwal

Your happiness doesn’t depend on your needs

They are two different words (and even worlds) altogether: having ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture