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JSW Steel has reported a growth of eight per cent increase in crude steel production at 541,000 tonnes (502,000 tonnes) in February. Flat product output jumped 48 per cent to 442,000 tonnes (300,000 tonnes) while long product production dipped 22 per cent to 75,000 tonnes (96,000 tonnes) as the company focused on producing more value-added products.
Part of the O.P. Jindal Group, JSW Steel has the largest galvanising and colour coating production capacity in the country and is the largest exporter of galvanised products with a presence in over 100 countries across five continents. It manufactures HR coils, CR coils, galvanised products, auto grade, white goods grade CRC steel, besides bars and rods. The company's shares on BSE were down three per cent at Rs 920 on Monday.
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