JSW steel production up by 8% in H1
Moneylife Digital Team 08 October 2010

New Delhi: JSW Steel has registered an 8% growth in crude steel production in the first half of the FY11at 3.14 million tonnes (mt) as compared to the corresponding period last year, reports PTI.

The company said in a statement today that production of flat steel products-used primarily by the automobile industry-increased by 32% to 2.36 mt in April-September 2010, compared to that in the corresponding period last year.

The output of long steel products for infrastructure and construction companies also jumped by 44% to 0.57 mt in the first half of the year, from that in the corresponding period a year ago.

"The company has started generation of power at its 300mw captive power plant and heating of two blocks out of four blocks of Coke Oven-4, in the 10mtpa (million tonnes per annum) expansion project at Vijayanagar works in Karnataka," the statement said. The Vijaynagar unit has a capacity of 6.8 mt and the expansion is likely to be completed by the first quarter of 2011.
 

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