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JSW Posts 34% Increase in Crude Steel Production

11/10/2009 - JSW Steel Ltd. reports crude steel production of 453,000 tonnes for October 2009, growth of 34% compared to the 338,000 tonnes produced last October.

JSW Steel Ltd. reported crude steel production of 453,000 tonnes for October 2009, growth of 34% compared to the 338,000 tonnes produced last October.
 
Rolled flat products were up 19%: 296,000 tonnes compared to 248,000 tonnes. Rolled long products showed growth of 145%, with 75,000 tonnes produced this October compared to last year’s 30,000 tonnes.
 
The production for October 2009 was lower sequentially, according to JSW, due to “unprecedented and incessant rains” followed by flooding in the southern part of India during the first week of the month, which disrupted plant operations at Vijayanagar works. The company notes that its plant at Vijayanagar works is now operating normally.
 
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. JSW Steel is engaged in manufacture of flat and long products including hot and cold rolled coils, galvanized and color-coated products, auto grade / white goods grade CRCA steel, bars and rods. Incorporated in 1994, JSW Steel has the largest galvanizing and color coating production capacity in the country and is the largest exporter of galvanized products with presence in more than 100 countries across five continents.