JSW Steel crude steel output jumps 31 pc in Oct; shares up 3%

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Press Trust of India Mumbai
Last Updated : Nov 08 2016 | 4:57 PM IST
JSW Steel has posted 31 per cent growth in crude steel production at 13.35 lakh tonnes in October compared to the same month last year.
Its crude steel production was 10.22 lakh tonnes in October 2015, a company statement said.
Among the rolled products, the flat products registered a jump of 30 per cent at 9.58 lakh tonnes and long products 36 per cent at 2.79 lakh tonnes in October 2016.
JSW Steel is a part of diversified JSW Group, which has presence in steel, energy, infrastructure and cement. JSW Steel has an installed steel-making capacity of 18 MTPA.
Shares of the company soars 3.34 per cent to close at Rs 1,654.35 apiece on BSE today.

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First Published: Nov 08 2016 | 4:57 PM IST

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