JSW Steel’s crude steel prod jumps 45% in November

JSW Steel’s crude steel prod jumps 45% in November

07/12/2016 12:16

JSW Steel Ltd, an arm of JSW Group, on Wednesday reported a jump of 45 per cent in its crude steel production at 12.27 lakh tonnes during November 2016.

It has produced 8.45 lakh tonnes of crude steel during the same period last year, said JSW Steel Ltd in a filing to the BSE on December 07, 2016.

Further, the production of its flat rolled products climbed 71 per cent to 8.87 lakh tonnes during November 2016, as compared to 5.19 lakh tonnes during the same period last year.

However, the company’s production of long rolled products during November this year stood at 2.21 lakh tonnes with decline of 2 per cent, against 2.25 lakh tonnes during the same period previous fiscal.

Meanwhile, shares of the company were trading at Rs 1,641.50 apiece, down 0.37 per cent, from previous close on BSE at 12:19 hours.

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