JSW Steel's Oct-Dec quarter production falls marginally

JSW Steel's crude steel output in the October-December quarter of the current fiscal marginally fell to 3.17 million tonnes (MT).
The Sajjan Jidnal-led firm had produced 3.19 MT crude steel during the same quarter a year earlier, it said in a statement today.
Production of flat products, used in automobile and white goods industries, also declined marginally to 2.56 MT from 2.57 MT a year ago. The production of long products, mainly used in the construction sector, however, has gone up by 14 per cent to 0.50 MT.
"The company achieved cumulative crude steel production of 9.57 MT in the first nine months of FY'15 showing a growth of 6 per cent over the corresponding period of last year," it said.

Production of flat products and long products grew by 5 per cent and 17 per cent respectively during the period.