JSW Steel output up 6 percent to 1.4 MT in April



Source: OUTLOOK

Domestic steel giant JSW Steel reported six per cent growth in crude steel production at 13.61 lakh tonne during April 2018.

The Sajjan Jindal-led firm had produced 12.88 lakh tonne (LT) crude steel during April 2017, JSW Steel said in a statement.

The company registered four per cent rise in production of flat rolled products at 9.67 LT as against 9.32 LT in April last year.

The output of long rolled products during the month under review grew nine per cent to 3.24 LT from 2.96 LT in April 2017.

While flat products are used in automotive and consumer durables sectors, long products are mostly used in construction industry.

JSW Steel is a part of the diversified JSW Group, which has presence in steel, energy, infrastructure, cement and JSW Ventures.

It is the leading integrated steel company in India with an installed steel-making capacity of 18 million tonne per annum (MTPA).

Source: OUTLOOK