JSW Steel reported a marginal growth of 1% in the company’s crude steel production figures for Q1 FY2017-18 over the corresponding quarter on Wednesday.
The crude steel production for Q1FY18 stood at 3.91Mnt, as compared to 3.87Mnt on Q1FY17, a growth of 1%. Rolled products (Flat) for Q1FY18 stood at 2.76Mnt, as compared to 2.74Mnt on Q1FY17, a growth of 1%. Rolled products (Long) for Q1FY18 stood at 0.83Mnt, as compared to 0.85Mnt on Q1FY17, a negative growth of 2%.
JSW Steel Limited is a holding company. The company is engaged in the business of production and distribution of iron and steel products. Its segments include steel, power (used mainly for captive consumption), and others, which includes cement, mining and construction activities.
Source: India Infoline