JSW Steel’s output surges 8.5%

JSW Steel’s output surges 8.5%
PTI
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First Published: Thu, Mar 05 2009. 03 29 PM IST
Updated: Thu, Mar 05 2009. 03 29 PM IST
New Delhi: Sajjan Jindal-led JSW Steel has said that its steel production surged by 8.5% to 3.31 lakh tonnes in February on the back of improved demand from automobile, construction and white goods sectors.
In the corresponding month of last fiscal, the production stood at 3.05 lakh tonnes, a company statement said.
JSW Steel’s February production figures includes 18,262 tonnes of the commodity produced from trial run of its new 3 million tonne blast furnace, which was commissioned last month.
In the segment of flat-rolled products, used by sectors like consumer durables and infrastructure, JSW Steel said the output rose by 3.9% to 2.57 lakh tonnes.
Similarly, in long-rolled items, used primarily in construction activities, the company’s production increased by an impressive 66.4% to 0.43 lakh tonnes.
In February 2008, the company had produced 2.48 lakh tonnes of flat-rolled products and 0.26 lakh tonnes of flat-rolled long items.
In December and January, the firm’s crude steel output stood at 2.28 lakh tonnes and 3.21 lakh tonnes, respectively.
The steel major commissioned its extended production line at Vijaynagar unit in Karnataka in January to reach an annual capacity of 6.8 million tonnes besides a million tonne facility at Salem.
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First Published: Thu, Mar 05 2009. 03 29 PM IST