JSW Steel's production up 14% in April

Written By Unknown on Senin, 19 Mei 2014 | 23.25

The company, which has around 143 LT installed production capacity now, had produced 8.67 LT crude steel in the same month last year, it said in a statement. Production of flat products grew by 14 percent to 7.76 LT compared to 6.8 LT a year earlier.

JSW Steel  today reported a 14 percent rise in its crude steel production for the month of April at 9.9 lakh tonnes (LT).

The company, which has around 143 LT installed production capacity now, had produced 8.67 LT crude steel in the same month last year, it said in a statement. Production of flat products grew by 14 percent to 7.76 LT compared to 6.8 LT a year earlier.

Long products' production rose by 28 percent to 1.64 LT from 1.28 LT a year ago.

Also read: Odisha mining ban 'disastrous' for steel cos: Kalyani

Long products are mainly used in the construction sector. Flat products find application in automotive and industrial segments.

JSW Steel produced 121.7 LT crude steel in the entire 2013-14 fiscal and 31.5 LT in January-March quarter.

JSW Steel stock price

On May 19, 2014, JSW Steel closed at Rs 1244.15, up Rs 67.25, or 5.71 percent. The 52-week high of the share was Rs 1260.00 and the 52-week low was Rs 451.50.


The company's trailing 12-month (TTM) EPS was at Rs 45.75 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 27.19. The latest book value of the company is Rs 811.51 per share. At current value, the price-to-book value of the company is 1.53.


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