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| JSW Steel's April production surges 20% |
| Press Trust of India / New Delhi May 07, 2010, 16:48 IST |
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JSW Steel, the country's largest private sector steel maker by domestic capacity, today said its output in April rose by 20 per cent to 5.06 lakh tonnes on the back of rising demand for its products.
"JSW Steel reported a growth of 20 per cent in crude steel production for April 2010 compared to that of corresponding month in the last fiscal year," the company said in a statement here.
The Sajjan Jindal-led firm had recorded an output of 4.22 lakh tonnes in the year-ago period.
Moreover, the company said its production of flat steel products — consumed primarily by automobile and consumer durable industry — in April rose by 28 per cent to 3.47 lakh tonnes over the same period last year.
The firm had produced 2.70 lakh tonnes of flat steel products in April 2009.
Also, JSW Steel saw output of its long steel products — used by infrastructure and construction companies — rising by about 86 per cent to 1.05 lakh tonnes in April 2010 over the same month a year ago when it had produced 56,000 tonnes of such products.
Last month, the company started commercial production from its 3.5 MTPA of hot strips mill at Vijayanagar works in Karnataka.
"The new Hot Strip Mill produced about 36,000 tonnes in the first month of commissioning itself and ramping up of capacity is happening at faster pace," it added.
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