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JSW Steel records crude steel production of 3.85 MT in Q2 FY21

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JSW Steel achieved crude steel production of 3.85 million tons in Q2 FY21.

With this the company has achieved average capacity utilisation of 86% in Q2 FY21 in line with pre Covid-19 level of 85% of last year Q2. This is a quantum jump from capacity utilisation of 66% for Q1FY21, which was impacted by the pandemic.

Crude steel production in Q2 FY21 rose 30% to 3.85 million tons compared to 2.96 million tons in Q1 FY21.

Flat rolled products production in Q2 FY21 rose 38% to 2.84 million tons compared to 2.05 million tons in Q1 FY21.

Long rolled products production in Q2 FY21 rose 69% to 0.77 million tons compared to 0.45 million tons in Q1 FY21.

Crude steel production was 6.81 million tons in 1H FY21, lower by 16% compared to 8.08 million tons in 1H FY20.

Flat rolled products production was 4.90 million tons in 1H FY21, lower by 13% compared to 5.62 million tons in 1H FY20.

Long rolled products production was 1.22 million tons in 1H FY21, lower by 35% compared to 1.87 million tons in 1H FY20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, October 09 2020. 09:30 IST
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