JSW Steel expects to increase supply to metro rail projects to 1.5 lakh MT in FY20

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Steel major JSW Steel on Tuesday said it expects to raise its supply to metro rail projects to about 1,50,000 Metric Tonnes (MTs) in the current financial year. The company is supplying to metro rail projects in Mumbai, Pune, Nagpur, Bangalore, Chennai, Kolkata, Indore, Bhopal, Lucknow and Ahmedabad.

More Information:

  • The company said in a BSE filing,”In the current financial year, the company expects to increase its supplies to the metro rail projects to about 1,50,000 metric tonnes as compared to its supplies averaging 1,00,000 metric tonnes per year over last few years.”
  • It said,”The ongoing supplies as well as those already completed during the current fiscal will boost JSW Steel’s supplies to metro rail projects by more than Rs 600 crore following successful completion of these deliveries.”
  • In October and November, the steel major supplied more than 30,000 metric tonnes JSW Neosteel TMT bars towards construction of metro projects in various cities of the country.

About JSW Steel:

The flagship company of  JSW Group, JSW Steel is one of India’s leading integrated steel manufacturers with a capacity of 18 MTPA. It is one of the fastest growing companies in India with a footprint in over 100 countries. With state-of-the-art manufacturing facilities located in Karnataka, Tamil Nadu and Maharashtra, it is recognized for its innovation and quality.

JSW offers a wide gamut of steel products that includes Hot Rolled, Cold Rolled, Bare & Pre-painted Galvanized & Galvalume®, TMT Rebars, Wire Rods and Special Steel.

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