JSW Steel, one of the largest Indian steelmakers, has posted a 40 percent year-on-year increase in crude steel production to 991,000 mt in July 2013.
According to the company's statement, in first quarter of the current fiscal year JSW Steel produced 796,000 mt of flat rolled products, up 64 percent, while its long rolled product output amounted to 186,000 mt, increasing by 31 percent, both compared to the same month of the previous year.
The capacity utilization in the given month was lower at Vijayanagar works due to shutdown of one of its Corex furnaces for relining and capacity enhancement and it is expected to recommence production by end of September 2013.