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JSW Steel's crude steel output grows 12% to 6.87 MT in October-December

Its consolidated crude steel production was at 6.14 MT in the same period last financial year, according to a statement

Conserving cash is the mantra: Firms put capex plans on hold amid Covid-19

From its India operations, the company produced 6.63 MT of steel in October-December, up 9 per cent over 6.06 MT in the year-ago period.

Press Trust of India New Delhi

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JSW Steel on Tuesday reported a 12 per cent year-on-year rise in its consolidated crude steel production to 6.87 million tonnes (MT) in October-December period of ongoing fiscal.

Its consolidated crude steel production was at 6.14 MT in the same period last financial year, according to a statement.

From its India operations, the company produced 6.63 MT of steel in October-December, up 9 per cent over 6.06 MT in the year-ago period.

In India, the capacity utilisation level stood at 94 per cent in the third quarter.

JSW Steel USA - Ohio produced 0.24 MT steel, up three-fold from 0.8 MT produced in October-December 2022-23.

 

JSW Steel is the flagship business of the diversified USD 23 billion JSW Group.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 09 2024 | 2:48 PM IST

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