JSW Steel's performance for the quarter was on expected lines. The consolidated revenue grew by 20.75 percent YoY to Rs 4818.00 crore. However, on a QoQ basis the topline declined by 11.45 percent due to lower sales volume of 1.19 MT and a fall in prices. Steel sales volumes fell during Q1FY11 both QoQ and YoY by 22% and 10%, respectively, on account of higher imports during the quarter. Capacity utilisation in the US plate and pipe mills fell substantially during the quarter on a sequential basis. On the sales front, the company maintained a decent...