JSW Steel Operates at 93% Capacity in February 2021
Indian steel giant JSW Steel announced that its crude steel production for the month of February 2021 was at 1.306 million tonnes. The average capacity
Indian steel giant JSW Steel announced that its crude steel production for the month of February 2021 was at 1.306 million tonnes. The average capacity utilisation was 93% during the month of February, 2021.
Flat Products - 9.27 million tonnes down by 6% YoY
Long Products – 3.40 million tonnes up by 10% YoY
JSW Steel while announcing the December quarter results said the crude steel production fell from 12.09 million tonnes for the 9 months of FY 20 to 10.89 million tonnes during the same period in F 21. JSW Steel had reported that crude steel production for the month of January 2021 was at 1.432 million tonnes. Therefore its crude steel production in 11 months of 2020-21 adds to 13.63 million tonnes
JSW Steel had reported crude steel production of 16.06 million tonnes in 2019-20 which marked a 4% YoY decline from 16.69 million tonnes in the previous fiscal year. The production for flat rolled products totalled 11.35 million tonnes in FY20, down 3% YoY while production for long rolled products tumbled 4% YoY to 3.72 million tonnes
JSW Steel is one of India's leading integrated steel manufacturers with a capacity of 18 million tonne per annum. With state of the art manufacturing facilities located in Karnataka, JSW offers a wide gamut of steel products that include Hot Rolled, Cold Rolled, Bare & Pre-Painted Galvanised & Galvalume, TMT Rebars, Wire Rods and Special Steel.