banner-1 Hon. Minister of Steel Sh. Narendra Singh Tomar
माननीय इस्पात मंत्री, श्री नरेंद्र सिंह तोमर
banner-1 Hon. Prime Minister of India
भारत के माननीय प्रधानमंत्री जी
banner-1 Hon. Minister of State for Steel Sh. Vishnu Deo Sai
माननीय राज्य इस्पात मंत्री, श्री विष्णु देव साई

JSW Steel pares

JSW Steel pares vijaynagar plant output to 30%

JSW Steel has cut production at its Vijaynagar plant to 30 percent of original levels, on the back of a stoppage of Iron ore supply .Its largest plant in the country, Vijaynagar    has a production capacity of over 10 million tones a year. The abrupt disruption of supplies to JSW Steel (a long-term customer) by NMDC cut the lifeline to run the furnaces in safe condition. The Apex court’s directive to supply a million tonner per month to steel industry by NMDC even after a lapse of 50 Day is yet to be fulfilled feels the company .The impact will be the company. The impact will be high on JSM Steel as though the demand  is low right now , the weak quarters are going away and JSW expect it to rise in the second half .Demand will expectedly pick up and as Indian is a net importer of steel . a drop in supply will result in height in higher imports felt experts.