JSW Steel consolidated output up 28 per cent in December

BL Mumbai Bureau Updated - January 11, 2022 at 11:59 AM.

On a standalone basis, the production has increased by 8 per cent to 4.41 mt

August 24 Bellary Karnataka: Value addition: Rs. 4,500-crore Cold rolled auto grade steel production unit of JSW Steel in Torangal, Bellary district. (No picture credit please)

 

JSW Steel has reported that its consolidated production in December was up 28 per cent at 5.35 million tonne (mt) against 4.18 mt logged in same period last year.

On a standalone basis, the production has increased by 8 per cent to 4.41 mt (4.08 mt). Bhushan Power and Steel output was down seven per cent at 0.64 mt against 0.79 mt. The production was down mainly due to shutdown of Continuous Strip Plant for 10 days for upgrading automation, said the company’s release.

Jointly controlled JSW Ispat Special was up 27 per cent at 0.14 mt (0.11 mt). The output from the company’s US subsidiary JSW Steel US Ohio was up 7 per cent sequentially.

The company reported a standalone capacity utilisation of 94 per cent.

Published on January 11, 2022 06:29