Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  NATIONAL STOCK EXCHANGE OF INDIA  >  JSW Steel Limited    JSWSTEEL   INE019A01020

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

JSW Steel Limited : Crude Steel production grew by 8% in Q3 FY’13

01/14/2013 | 03:34am US/Eastern
PRESS RELEASE

14.01.2013

Crude Steel production grew by 8% in Q3 FY'13

JSW Steel Limited reported 8% growth in crude steel production in Q3 FY'13 compared to that of corresponding period of last fiscal year.
The break-up of quarterly production is as below:

Product

Production ( Lacs tons)

Product

Q3 FY'13

Q3 FY'12

Growth

Crude Steel

20.94

19.39

8%

Rolled Products : Flat

15.69

13.87

13%

Rolled Products : Long

4.83

3.70

31%

The capacity utilization was lower during the Q3 FY'13 as compared to Q2 FY'13 due to inadequate and poor quality of Iron ore available through E-Auction.
The Company achieved Crude Steel production of 64.08 lacs tons in the first nine months of FY'13, showing a growth of 20% over the corresponding period of last year.
The break-up of cumulative production for 9 months is as below:

Product

Production ( Lacs tons)

Product

9M FY'13

9M FY'12

Growth

Crude Steel

64.08

53.62

20%

Rolled Products : Flat

46.32

38.72

20%

Rolled Products : Long

13.63

10.57

29%

JSW Steel Ltd., belonging to 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, Aluminium, Cement and Information Technology. JSW Steel Limited is engaged in manufacture of flat and long products viz. H R Coils, C R Coils, Galvanised/Galvalume products, Colour Coated Products, auto grade / white goods grade CRCA Steel, Bars and Rods. Incorporated in 1994, it has grown to about US $ 10 billion in less than two decades. JSW Steel Limited is one of the largest galvanizing and colour coating production capacity in the country and is the largest exporter of galvanized products with presence in over 100 countries across five continents.

Media Contacts:
Jayaraman Head- Corporate Communications, JSW Group, Mumbai.
Ph: +91-22-23513000
Mithun Roy
Corporate Communications, JSW Group, Mumbai (India)
Mobile:+91 9819000967
Email: mithun.roy@jsw.in

distributed by
React to this article
Latest news on JSW STEEL LIMITED
08/20 JSW STEEL : to invest Rs. 5,000 crore
08/12 Exclusive - China steel exporters cut prices in bid to jump on yuan drop
08/11 JSW STEEL : 01.08.2015 Financial Results for the First Quarter ended June 30, 20..
08/08 Hindalco, vedanta, 20 other firms to vie for coal blocks in auction
08/01 JSW STEEL : 13.07.2015 Press Release Monthly Jun'15_2
07/31 JSW STEEL : GETS SHAREHOLDER NOD TO RAISE Rs14,000 CRORE
07/29 JSW STEEL : POSTS Rs107-CRORE LOSS ON LOWER REALISATION
07/29 JSW STEEL : Chief (cheap imports hurting industry)
07/27 JSW STEEL : TO SEEK NOD FROM SHAREHOLDERS TO RAISE Rs14,000 CRORE
07/26 JSW STEEL : Increases managerial pay by 33%
Advertisement
Chart
Duration : Period :
JSW Steel Limited Technical Analysis Chart | JSWSTEEL | INE019A01020 | 4-Traders
Income Statement Evolution
More Financials