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JSW Steel Posts Increased Crude Steel Production in February
03/09/2009 - JSW Steel reports an 8.5% increase in crude steel production in February 2009, including trial production from its recently commissioned new blast furnace at Vijayanagar Works.
JSW Steel Limited reported an 8.5% increase in crude steel production in February 2009 compared to February 2008. The total includes trial production of 18,262 tonnes from its recently commissioned 4019-m3 Blast Furnace (India’s largest) — in February 2009.
Including trial production from the newly commissioned blast furnace, the company produced 331,000 tonnes of crude steel in February, reflecting a sequential growth of 3% over January 2009. JSW Steel commissioned the expansion project at Vijayanagar works in February 2009, expanding its capacity from 3.8 million tonnes per year to 6.8 million tonnes per year. This unit is currently under trial production.
In recognition of its continuous quality management initiatives, JSW Steel Limited., Vijayanagar Works was awarded “Performance Excellence Trophy” from IMC Ramkrishna Bajaj National Quality Awards 2008.
The company also produced 257,000 tonnes of flat rolled products in February, a 3.9% increase vs. February 2008, and 43,000 tonnes of long products, a 66.4% increase. The rolled products tonnage includes production from an ongoing expansion project.
JSW Steel Ltd., belonging to JSW group, is part of the US $ 8 billion O P Jindal Group, one of the lowest-cost steel producers in the world. The group has diversified interests in Mining, Carbon Steel, Power, Industrial gases, Port facilities, Aluminum, Cement, and Information Technology. JSW Steel Limited is engaged in the manufacture of flat and long products, including hot and cold rolled coils, galvanized products, and auto-grade / white goods-grade CRCA Steel, Bars and Rods.
Incorporated in 1994, it has grown to US $ 3 billion in little over a decade. JSW Steel Limited has the largest galvanizing and color coating production capacity in the country and is the largest exporter of galvanized products with presence in over 74 countries across five continents.
