OREANDA-NEWS. JSW Steel Limited reports Crude Steel production for August 2013, at 9.85 lacs tonnes showing a growth of 29%.

The break-up of production is as below:

(Lac tones)

Particulars

Aug’13

Aug’12

(Reported)

Aug’12 (Pro forma)*

Growth

Reported

Pro forma

Crude Steel

9.85

7.63

10.00

29%

-2%

Rolled Products : Flat

8.24

5.14

7.35

60%

12%

Rolled Products : Long

1.28

1.48

1.48

-13%

-13%

• re-classified for the purpose of comparison after giving effect to the Scheme of Amalgamation and Arrangement

The Company took shutdown of one of its Corex furnaces for relining and capacity enhancement and the same is expected to recommence production during September 2013. The capacity utilization at Vijayanagar works remains at around 80% due to iron ore shortage caused by inordinate delays in opening Category A & B mines even after Honourable Supreme Court order in April 2013 to resume mining operations.

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. The group has diversified interest in mining, carbon steel, power, industrial gases, port facilities, aluminum, cement and information technology. JSW Steel Limited is engaged in manufacture of flat and long products viz. H R Coils, CR Coils, Galvanised products, Galvalume products, Colour coated products, auto grade / white goods grade CRCA Steel, Bars and Rods. Incorporated in 1994, it has grown to about USD 11 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.