A growth of 22% in crude steel production has been noticed by JSW Steel Limited on comparable basis in Q1 FY 2008-09 including production of Salem works for corresponding period. Other than this the company has also made remarkable growth of 18% in Rolled long products segments.

During the month of June, the production of HR Coils was lower because of shutdown of Hot Strip Mill for 17 days for modernization. But after when the revamp was re-commissioned on 29th June’08, the Hot Strip Mill saw successful enhanced capacity of upto 3.2 MTPA.

Vijayanagar works, where the company is expanding the capacity to 6.8 MTPA is progressing satisfactorily and is expected to be on stream by 30th September.

Sajjan Jindal, vice chairman and managing director of JSW also has said that the steel industry may hold prices beyond July if required. This step would help the Government in its battle against the rising inflation. The steel producers had promised to hold the prices for three-month period, which would expire this month.