JSW Steel posts 37% growth in volume of Production
JSW Steel Ltd has announced that following the merger of Southern Iron & Steel Company Ltd (SISCOL) with JSW Steel Ltd, the Company posted a growth of 37% in Crude steel production for the year ended March 2008 over the previous year. The Company has also shown on comparable basis a 20% growth in volume of Crude steel production even after excluding 4.55 lakh tons of Crude steel produced by the erstwhile SISCOL. The Hot Strip mill recorded a highest ever production of 27.15 lakh tons during the financial year showing a capacity utilization of 108%.
The Company has recorded volume growth in all products as given below.
------------------------------------------------------------------------------------ Product Production Growth Lakh tonnes Over FY 2006-07 ------------------------------------------------------------------------------------------ FY 2007-08 % ------------------------------------------------------------------------------------------ Crude Steel# 36.26 37% HR Coils 27.15 18% HR Plates 2.27 24% Long products# 3.29 - Galvanised & Galvalume 7.56 6% Pre-painted GI/GL 0.90 74% ----------------------------------------------------------------------------------
# Including production from the facilities acquired during the year.
Tags: JSW Steel