JSW crude steel production grows 43%
JSW Steel Ltd. guided Crude Steel production target of 12 Million tonnes for FY 2013-14, said the company on Monday.
"In spite of tough business environment of slow growth, inadequate availability& poor quality of Iron ore and shortage of Natural gas, the Company exceeded the guidance for Crude steel production by 0.17 million tonnes," said the company in a release.
The company achieved Crude Steel production of 12.17 million tonnes in FY 2013-14, showing a growth of 43% (on Pro forma basis 9%) over last 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.
(Posted on 07-04-2014)