Bhubaneswar: JSW Steel Limited posts highest ever Crude Steel production:• 1.52 million tonnes for March’18 with YoY growth of 5%.• 4.31 million tonnes for Q4 2017-18 with YoY growth of 5%.• 16.27 million tonnes for FY 2017-18 with growth of 3% over previous year.
The monthly production of 1.52 Million tonnes for the month of March 18 signifies a capacity utilization of 101%.
With this the Company achieved 99% of production guidance of 16.5 Million tonnes, given at the beginning of FY 2017-18.
The break-up of production is as below: (Million Tonnes)
March 2018:Particulars March’18 March’17 GrowthCrude Steel 1.52 1.45 5%Rolled Products : Flat 1.05 1.05 -Rolled Products : Long 0.37 0.27 34%
Q4 FY 2017-18:Production : 4Q FY’18 4Q FY’17 Growth Crude Steel (MnT) 4.31 4.10 5% Rolled Products : Flat (MnT) 2.98 2.98 – Rolled Products : Long (MnT) 1.07 0.82 31%
FY 2017-18:Production : FY’18 FY’17 Growth Crude Steel (MnT) 16.27 15.80 3% Rolled Products : Flat (MnT) 11.44 11.41 – Rolled Products : Long (MnT) 3.56 3.21 11%
JSW Steel is a part of the diversified US$ 12 billion JSW Group, which has a presence in Steel, Energy, Infrastructure, Cement, Ventures and Sports. JSW Steel is the leading integrated steel company in India with an installed steel-making capacity of 18 MTPA. JSW Steel’s plant at Vijayanagar in Karnataka, is the largest single location steel producing facility in the country with a capacity of 12 MTPA.
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