JSW Steel Crude Steel Production in FY 2020-21 Shrinks by 6% YoY
JSW SteelJSW

JSW Steel Crude Steel Production in FY 2020-21 Shrinks by 6% YoY

Indian steel giant JSW Steel achieved crude steel production of 15.08 million tonnes in FY 2020-21, down by 6% YoY mainly due to disruption in production

Indian steel giant JSW Steel achieved crude steel production of 15.08 million tonnes in FY 2020-21, down by 6% YoY mainly due to disruption in production caused by the outbreak of COVID-19 in Q1 of FY 2020-21. However, the capacity utilisation during the month of March 2021 recovered to 96% from 66% in Q1. JSW Steel achieved sales of 14.08 million tonnes in FY 2020-21, down by 7% YoY. While the flat products sales in FY 2020-21 was 10.87 million tonne, down by 4% YoY, sale of long product was 3.21 million tonne down 14% YoY

January-March 2021 Quarter

Crude Steel - 4.19 million tonnes, up 6% YoY (The company's average capacity utilisation improved from 91% of 3Q'21 to 93% for 4Q FY'21.

Sales Flat - 2.99 million tonnes, up 4% YoY

Sales Long - 1.05 million tonnes, up 11% YoY

No stories found.
SteelGuru Business News
www.steelguru.com