Crude steel production of India’s JSW Steel hit by mining ban

Monday, 19 Sep 2011

One of the largest Indian steelmakers JSW Steel Ltd posted a six percent year-on-year growth in crude steel production in August of the current Indian financial year. JSW produced 664,000 mt of crude steel in the given period. The increase in production is due to the commencement of the 3.4 million mt per year expansion at JSW Steel's Vijayanagar plant in July.

During August, JSW Steel produced 484,000 mt of flat rolled products, up eight percent, while it produced 125,000 mt of long rolled products, up 44 percent, both compared to the corresponding period of the previous financial year.

According to the JSW Steel statement, the crude steel production in August could have been higher, if it were not for the mining ban in the Bellary district of Karnataka state in India. Due to the iron ore shortage, JSW Steel had to cut its production. Crude steel production in September is severely impacted and the production cut is expected to continue.

Tags: raw mat , longs , flats , India , Indian Subcon , production , steelmaking , JSW Steel , crude steel , South Asia

(sourced steelorbis)

ArcelorMittal boosts Ukrainian steel output in 2010

January 31, 2011
Reuters reported that Ukraine No 1 steel mill, owned by ArcelorMittal, raised crude steel production in 2010 to 6.13 million tonnes from 5.04 million tonnes in 2009.
Rolled steel production rose to 5.41 million tonnes last year from 4.50 million, while pig iron output rose to 5.32 million from 4.42 million a year earlier.
Ukrainian industry officials said this month that local steel companies produced a total of 32.7 million tonnes of crude steel in 2010 but planned to increase output by about 6% in 2011 to 34.5 million tonnes.
Steel producers' union Metallurgprom forecast rolled steel output to rise to 32.8 million tonnes this year from 30.68 million in 2010, while pig iron output would jump to 28.9 million tonnes from 27.4 million.
But analysts said Ukraine's key export oriented steel sector, largely dependent on the situation on the world market, is unlikely to show a significant rise in output in 2011 due to unstable demand from abroad. (sourced:reuters)