JSW Steel posts nearly 25% growth in crude steel production for February; stock up 2% in early trade

Highlights:

1. The crude steel production of JSW Steel rose up 24.9% to 12.65 lakh tonnes in February this year as against 10.13 lakh tonnes in February last year

2. The company's production of flat rolled steel products during the month was up 23.1% to 8.96 lakh tonnes as compared to 7.28 lakh tonnes in the corresponding period of last year

3. Its production of long rolled steel products during February month grew by 7.3% to 2.50 lakh tonnes as against 2.33 lakh tonnes in the year-ago period
 

JSW Steel has recorded nearly 25% growth in crude steel production for February month.

The crude steel production of JSW Steel rose up 24.9% to 12.65 lakh tonnes in February this year as against 10.13 lakh tonnes in February last year, cited JSW Steel in a filing to the BSE on Wednesday.

The company's production of flat rolled steel products during the month was up 23.1% to 8.96 lakh tonnes as compared to 7.28 lakh tonnes in the corresponding period of last year.

ALSO READ: JSW Steel third quarter steel production grows 43%

Its production of long rolled steel products during February month grew by 7.3% to 2.50 lakh tonnes as against 2.33 lakh tonnes in the year-ago period.

JSW Steel, is a part of diversified JSW Group, which has presence in steel, energy, infrastructure, cement and JSW Ventures.

At 10:50 hours, the stock of JSW Steel was trading up 1.57% or Rs 2.85 at Rs 184.20 on the BSE.

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