JSW Steel has posted 5% growth in crude steel production in October 2008 over corresponding period in the previous year.
The company is planning from November 2008 to rationalize the product mix as per the current market conditions and appropriately modify the production programme to effectively reduce the total production by around 20%. The company will utilize this time for general maintenance of the facilities.
The company made this announcement during the trading hours today, 07 November 2008.
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