JSW Steel Ltd

JSW Steel Ltd has announced that the Company continued to post increase in volume of production quarter after quarter following the commissioning of capacity enhancement to 3.8 MTPA in November 2006. While the growth in Crude steel production was 21% over the corresponding quarter of last year, the HR Coils, HR Plates and pre-painted Galvanised Coils have shown a growth of 13%, 43% and 106% respectively. In fact, the Hot Strip Mill has produced 1.363 million tons in the first six months of the current financial year showing a capacity utilization of 109%. The break up of product wise production is as below:

Product: Crude Steel
Production Lakh tonnes (Q2 2007-08): 7.83
Growth Over Q2 2006-07 (%): 21%

Product: HR Coils
Production Lakh tonnes (Q2 2007-08): 6.85
Growth Over Q2 2006-07 (%): 13%

Product: HR Plates
Production Lakh tonnes (Q2 2007-08): 0.64
Growth Over Q2 2006-07 (%): 43%

Product: Galvanised
Production Lakh tonnes (Q2 2007-08): 1.99
Growth Over Q2 2006-07 (%): -

Product: Pre-painted GI
Production Lakh tonnes (Q2 2007-08): 0.25
Growth Over Q2 2006-07 (%): 106%

The Company has also registered a volume growth 11% in Crude Steel and 7% in HR Coils sequentially.