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JSW Steel Reports 33% Increase in Crude Steel Production for May 2009
06/08/2009 - JSW Steel reports a 33% increase in crude steel production for May 2009 vs. May 2008, with its highest monthly production of crude steel, hot rolled plates and color coated products, following startup of its 2.8-MTPY expansion project at Vijayanagar works.
JSW Steel Limited reported a 33% increase in crude steel production for May 2009 compared to May 2008.
Reporting growth in all products, the company said that it also registered its highest monthly production of crude steel, hot rolled plates and color coated products. The company said the substantial growth in production was mainly attributable to the production from its 2.8-million-tonnes/year expansion project at Vijayanagar works.
Specifically, the company produced 459,000 tonnes of crude steel in May, a 33% increase compared to 346,000 tonnes of crude steel produced in May 2008. The company produced 307,000 tonnes of flat rolled product in May, a 20% increase compared to 255,000 tonnes produced in May 2008. The company also produced 65,000 tonnes of long products in May, a 106% increase compared to 32,000 tonnes produced in May 2008.
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 over 74 countries across five continents.
