JSW Steel Production Up 11% to 22 Lakh Tonnes in November
Dec 11, 2023 18:56
JSW Steel reported an 11% increase in crude steel production in November 2023, reaching 22.04 lakh tonnes. The company's Indian operations saw a 7% rise in production, while its US subsidiary achieved significant growth.
Photograph: Kind courtesy JSW Steel
New Delhi, Dec 11 (PTI) JSW Steel on Monday posted an 11 per cent rise in its consolidated crude steel production to 22.04 lakh tonne (LT) in November 2023.
The company produced 19.94 LT in the same month last year, JSW Steel said in an exchange filing.
In India, JSW Steel produced 21.14 LT of steel, up 7 per cent over 19.70 LT in November 2022.
JSW Steel USA Ohio, its stepdown subsidiary in the US, produced 0.90 LT steel higher from 0.24 LT in the previous year.
Capacity utilisation at Indian operations level stood at 90 per cent for November 2023.
JSW Steel is the flagship business of the diversified, USD 23 billion JSW Group which also has interests in energy, infrastructure, cement, paints, sports, and venture capital.
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