JSW Steel reported growth in crude steel production to 10.68 lakh tonnes
JSW Steel logs profit for the quarter ended March 31st
New Delhi: JSW Steel reported 5.43 percent growth in crude steel production at 10.68 lakh tonnes (LT) in May over the same month last year. The Sajjan Jindal-led steel maker had produced 10.13 LT steel in May last year, it said in a statement. Production of flat products grew by 2 per cent to 8.25 LT from 8.06 LT a year ago.
Long products' production increased by 7 per cent to 1.81 LT from 1.68 LT in May, 2013. Flat steel products are used in industries such as auto and consumer durables; while long steel products like TMT bars and angles are used in the construction sector.
( Source : PTI )
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