JSW Steel Capacity Utilization Improves to 91% in Oct-Dec Quarter
JSW Steel produced 4.08 million tonne of crude steel in October-December 2020 quarter, up by 2% YoY as compared to 4.02 million tonne in October-December 2019 quarter and up 6% QoQ from 3.85 million tonne in July-September 2020 quarter. JSW Steel produced 2.98 million tonnes of flat rolled products, up by 4% YoY and 930,000 tonne of long rolled products, up by 4% YoY. The company said its average capacity utilisation improved from 86% in July-September quarter to 91% in October-December 2020.
In the first nine months of the financial year 2020-21, JSW Steel’s crude steel production totalled 10.89 million tonne, down by 10% YoY. Its flat steel production came to 7.88 million tonne, down by 7% YoY and long steel production totalled to 2.16 million tonnes, down by 22% YoY