For FY2021, the company achieved crude steel production of 15.08 million tons compared to 16.06 million tons in FY2020, recording a decline of 6%.
Even though the average capacity utilisation improved from 66% in Q1 2020-21 to 93% in Q4 2020-21, the crude steel production for FY 2020-21 was lower by 6% mainly due to disruption in production caused by the outbreak of COVID-19 in Q1 2020-21.
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