JSW Steel production down 2% in Oct

Seven-day breakdown at Dolvi plant drags down production

Press Trust of India New Delhi
Last Updated : Nov 11 2014 | 12:30 PM IST
A seven-day breakdown at its Dolvi plant pulled JSW Steel's crude steel production down by 2 per cent to 1.046 million tonnes in October.

The company, India's third largest steel maker, had produced 1.062 million tonnes crude steel in the same month a year ago, JSW Steel said in a statement today.

"The crude steel production was lower due to planned shutdown of blast furnace at Dolvi for about seven days during October 2014," the company said.

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The Sajjan Jindal-led firm has steel plants in Karnataka, Tamil Nadu and Maharashtra with a combined installed capacity of 14.3 million tonnes a year. Dolvi plant in Maharashtra has an annual 3.3 million tonnes steel production capacity.

The company said during October, the production of flat products, used mainly into automotive sector, was down by 5 per cent to 828,000 tonnes from 867,000 tonnes in October last year.

Production of long products, used in the construction sector, was, however, rose by 3 per cent to 153,000 tonnes from 149,000 tonnes a year earlier.
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First Published: Nov 11 2014 | 11:45 AM IST

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