India: JSW Steel's Output Grows 5% M-o-M in May'17
...
JSW Steel - India's largest steel maker has recorded increase of 5% M-o-M in its crude steel output in May'17. Company's crude steel production has moved up from to 1.288 MnT in Apr'17 to 1.357 MnT in May'17.
The steel maker's crude steel output in May'16 was recorded at 1.348 MnT. The steel maker has registered increase of 0.7%.
On monthly premises, JSW Steel's flat steel production has moved up by 0.8% M-o-M while long steel production has increased by 4% M-o-M in May'17.
In first two months of FY18 (Apr-May'17), the steel giant has recorded crude steel output of 2.645 MnT compared to 2.551 MnT in the same time period last fiscal.
JSW Steel Production Analysis
| Particulars | May'17 | Apr'17 | M-o-M (%) | May'16 | Y-o-Y (%) |
| Crude Steel | 1.357 | 1.288 | 5.4% | 1.348 | 0.7% |
| Flat Products | 0.939 | 0.932 | 0.8% | 0.930 | 1% |
| Long Products | 0.309 | 0.296 | 4.4% | 0.298 | 4% |
Quantity in MnT
Source: Company Reports
JSW Steel achieved 26% Y-o-Y growth in its crude steel output in FY17 with output of 15.8 MnT. The steel maker achieved 100% production guidance laid in the last fiscal. The company has three plants located in Vijayanagar, Dolvi and Salem and has a total crude steel making capacity of 18 MnT pa.
