Indian steel giant JSW Steel reported that the crude steel production for the month of January 2022 was at 1.646 million tonnes, up 15% YoY on standalone basis. While flat products production grew by 23% YoY to 1.247 million tonnes, long product production increased by 4% YoY to 0.374 million tonne. The expansion project at Dolvi works, which commenced commercial operations in November '21 is gradually ramping up capacity utilization.Similarly, Jindal Steel and Power Limited announced that steel sales increased by 20% YoY to 695,000 tonnes in January 2022 with exports accounting for 31% of the sales volume in January compared with 28% in December, helped by an increase in rake availability.
Indian steel giant JSW Steel reported that the crude steel production for the month of January 2022 was at 1.646 million tonnes, up 15% YoY on standalone basis. While flat products production grew by 23% YoY to 1.247 million tonnes, long product production increased by 4% YoY to 0.374 million tonne. The expansion project at Dolvi works, which commenced commercial operations in November '21 is gradually ramping up capacity utilization.Similarly, Jindal Steel and Power Limited announced that steel sales increased by 20% YoY to 695,000 tonnes in January 2022 with exports accounting for 31% of the sales volume in January compared with 28% in December, helped by an increase in rake availability.