JSW Steel posts 30% growth in crude steel

New Delhi, Mar 5: JSW Steel, part of the four-billion-dollar O P Jindal Group, today reported a 30 per cent growth in its crude steel production in February.

The growth was despite shutdown of one of the furnaces due to accidental fire on February 15, the company said.

The volume growth during the month has been achieved across all products excepting galvanising products.

The company's 1.3 million tonnes per annum (MTPA) expansion project commissioned in November 2006 is operating above 80 per cent capacity.

The work on re-commissioning the furnace, shut down during the month for repairs, is expected to be on stream in April, the company added.

UNI