JSW Steel crude steel production at 3.40 million tons, up 10% YoY

JSW Steel Limited reports highest ever quarterly Crude Steel production at 3.40 million tons for Q1 FY 2015-16 showing a growth of 10% over corresponding quarter of previous year. The company has commenced commercial production of Continuous Annealing line (CAL2) unit at Vijayanagar works.

Particulars	10 FY'16	10 FY'15	Growth
Crude Steel (MnT)	3.40	3.10	10%
Rolled Products : Flat (MnT)	2.50	2.43	3%
Rolled Products :Long (MnT)	0.69	0.52	32%

JSW Steel Ltd., belonging to the JSW group, part of the 0 P Jindal Group, is one of the lowest cost steel producers in the world. The group has diversified interest in mining, carbon steel, power, industrial gases, ports and cement. JSW Steel Limited is engaged in manufacture of flat and long products viz. H R Coils, CRCoils, Galvanised products, Galvalume products, Colour coated products, auto grade / white goods grade CRCA Steel, Bars and Rods. Incorporated in 1994, it has grown to about US $11 billion. JSW Steel Limited is one of the largest producers and exporters of coated flat products in the country with presence in over 100 countries across five continents.