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.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
