JSW Steel records 16% YoY growth in group combined crude steel production

JSW Steel reported its group combined crude steel production at 5.88 million tonnes for Q1 FY23 registering a growth of 16% YoY, including the production at jointly controlled entities.

The group combined crude steel production declined 2% compared to 5.98 million tonnes in Q4 FY22.

The company's India operations achieved a 37% YoY growth in crude steel production at 5.62 million tonnes in Q1 FY23. Sequentially, production declined 2%.

The crude steel production was lower sequentially due to preponement of certain scheduled shutdowns during the financial year 2022-23

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