Odisha

JSW Steel Posts Highest-Ever Monthly, Quarterly & Annual Crude Steel Production

Bhubaneswar: The JSW Steel Limited has posted the highest-ever crude steel production of 1.52 million tonnes for March 2018 with Year-Over-Year (YoY) growth of 5 percent, 4.31 million tonnes for Q4 2017-18 with YoY growth of 5 percent and 16.27 million tonnes for FY 2017-18 with growth of 3 percent over previous year.

 

According to a press statement issued by the company, the monthly production of 1.52 million tonnes for March this year signifies a capacity utilization of 101 percent. With this, the Company achieved 99 percent of production guidance of 16.5 million tonnes, given at the beginning of FY 2017-18.

 

JSW Steel is a part of the diversified US$ 12 billion JSW Group, which has a presence in Steel, Energy, Infrastructure, Cement, Ventures and Sports. JSW Steel is the leading integrated steel company in India with an installed steel-making capacity of 18 MTPA. JSW Steel’s plant at Vijayanagar in Karnataka, is the largest single location steel producing facility in the country with a capacity of 12 MTPA.

 

OB Bureau
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