JSW US unit posts loss despite rise in output

Jul 26, 2012 | 04:39 PM | Michael Cowden

Tags  JSW Steel, JSW Steel USA, Baytown, Texas, earnings, first quarter, fiscal 2013, plate pipe

TORONTO — JSW Steel Ltd. saw its plate and pipe mill operations in the United States slip back into the red in the company’s fiscal first quarter.

The Mumbai, India-based steelmaker said its JSW Steel USA Inc. operations in Baytown, Texas, lost nearly $8.2 million after taxes.....

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