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JSW Severfield Structures order book is full
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Wednesday, 24 Aug 2011
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UK based structural steelwork company Severfield Rowen while announcing results expressed satisfaction for its Indian JV JSW Severfield Structures Limited.

It said “India remains the focus of the company's growth ambitions, with opportunity being translated into reality via the scale and content of JSW Severfield Structures' order book and the progress being made in achieving operational and commercial objectives.”

JSSL's order book currently (19 August 2011) stands at GBP 41 million (May 2011: GBP 36 million) which provides full activity at maximum operational output levels until June 2012.

It said “The company and its partner, JSW Steel, are pleased with the development of the business and in the coming months look forward to the benefits of a fully commissioned operation and the associated financial contributions.”

The release added that “The prospects for JSSL in the Indian market are immense and both partners are seeking to further develop the business capability in line with their growth expectations.”

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