JSW Steel Crude Steel Production Crosses 5 Million Tonne Mark inQ1
JSW SteelMNA Critique

JSW Steel Crude Steel Production Crosses 5 Million Tonne Mark inQ1

It is reported that JSW Steel group combined crude steel production was at 5.07 million tonnes for Q1 of 2021-22 registering a growth of 16% QoQ and

It is reported that JSW Steel group combined crude steel production was at 5.07 million tonnes for Q1 of 2021-22 registering a growth of 16% QoQ and 65% YoY, including the production at jointly controlled entities Bhushan Power & Steel Ltd and JSW Ispat Special Products Ltd.

  1. JSW Steel Standalone: 4.10 million tonnes, down 2% & up 39% YoY

  2. Bhushan Power & Steel Ltd. 0.69 million tonnes

  3. JSW Ispat Special Products Ltd: 0.14 million tonnes , down 6% & up 76% YoY

  4. JSW Steel Indian Operations: 4.93 million tonnes, up 13% & up 62% YoY

  5. JSW steel USA Ohio: 0.14 million tonnes

  6. Total Combined Volumes: 5.07 million tonnes, p16% & up 65% YoY

JSW Steel said “The capacity utilization at standalone level was at 91% in Q1'22 due to shortage of oxygen vis-a-vis 93% in Q4 of 2021, as the Company supplied over 65,000 tonnes of Liquid Oxygen during Q1 of 2021-22 for medical purposes from the Steel Complexes of the Company across India. JSW USA Ohio restarted Electric Arc Furnace in March 2021 after refurbishing and the capacity is being ramped up.”

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