Mumbai, Jan 5 : JSW Steel, the country's largestprivate sector steel maker by domestic capacity, today saidits production rose 88 per cent to 14.69 lakh tonnes in thethird quarter of the current fiscal.
The company's crude steel production during thenine-month period ended December 31, 2009 was 43.9 lakhtonnes, up 59 per cent over the corresponding period lastyear.
During the December quarter last fiscal, the company'scrude steel production was at 7.82 lakh tonnes, JSW Steel saidin a statement to the Bombay Stock Exchange.
Production of flat-rolled items, used by the auto andconsumer durables industry, surged 51 per cent to 9.41 lakhtonnes in October-December quarter compared with the sameperiod last fiscal.
Production of long-rolled steel products, primarilyconsumed by the construction sector, also surged by 199 percent to 2.37 lakh tonnes in the latest quarter compared withthe same period a year ago.
JSW Steel, which belongs to the JSW Group, is one thelowest cost steel producers in the world.
Shares of JSW Steel were trading at Rs 1,117.20, up 9.18per cent in late afternoon trade on the BSE
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