OREANDA-NEWS. December 19, 2012. JSW Steel Limited reported monthly Crude Steel production of 6.03 Lacs tons for November’2012.

The break-up of production is as below:

Product

Production ( Lacs tons)

Nov’12

Nov’11

Growth

Crude Steel

6.03

6.01

-

Rolled Products : Flat

5.15

4.28

20%

Rolled Products : Long

1.67

1.29

30%

The Company took shutdown of one of its Corex furnaces for Capital repairs and capacity enhancement during Oct’12 and the same is expected to re-start in Jan’13. The capacity utilization for the balance units has come down to at around 70% at Vijayanagar works due to acute shortage and inferior quality of Iron ore in E-auctions. The Company expects availability of iron ore to improve on commencement of Mining in all category A Mines (4 Mines in category A are operational) and increase in production from NMDC Mines (currently producing only 4,50,000 tones / month)

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 products, Galvalume products, auto grade / white goods grade CRCA Steel, Bars and Rods. Incorporated in 1994, it has grown to about USD 10 billion in little over fifteen years. JSW Steel Limited is one of the largest producers and exporters of coated flat products in the country with presence in over 100 countries across five continents.