JSW gains as its Dolvi works commences production of Hot Rolled plates
Biznext india : Sajjan Jindal-led JSW Steel has commenced production of Hot Rolled plates from its new 5 MTPA Hot Strip Mill facility at its Dolvi Works in Maharastra.
Shares of JSW gain by 5.56% to Rs. 493.85 on the BSE at 11 hours Thursday.
The Dolvi plant has an existing capacity of 5 MTPA and it is connected to a jetty which can handle cargo of up to 15 MTPA.
Hot rolled plates are generally used in automobile and other industrial sectors.