SynopsisJSW Steel has reported a 13% year-on-year increase in consolidated crude steel production for the second quarter of FY24, reaching 6.41 million metric tons. However, there was a marginal 3% decline in production quarter-on-quarter due to scheduled shutdowns in Indian operations and reduced capacity utilization in the USA Ohio, influenced by market conditions.ArticleJSW Steel has achieved a remarkable 13% year-on-year growth in consolidated crude steel production for the second quarter of FY24, totaling 6.41 million metric tons. This performance reflects the company's strength in steel manufacturing.However, when considering quarter-on-quarter figures, there was a slight 3% dip in production. This decline was primarily attributed to scheduled shutdowns within the Indian operations and lower capacity utilization in the USA Ohio, influenced by market conditions.In more detailed statistics, crude steel production from Indian operations during Q2FY24 reached 6.27 million metric tons, marking a substantial 12% increase compared to the same period in the previous year. Meanwhile, USA Ohio operations contributed with a total production figure of 0.14 million metric tons.JSW Steel continues to be a prominent player in the steel industry, showcasing impressive year-on-year growth despite some quarter-to-quarter fluctuations.ConclusionJSW Steel has reported substantial growth, with a 13% increase in consolidated crude steel production for Q2FY24 compared to the previous year. This demonstrates the company's robust position in the steel sector. The impressive year-on-year growth reaffirms JSW Steel's significance in the steel industry.