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JSW crude steel production grows 43pc

Posted on Apr 07 2014 | IBNS

Mumbai, Apr 7 : 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 and 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 43pc (on Pro forma basis 9pc ) 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.

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