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JSW Steel Q1 crude production rises 65% YoY

JSW Steel said that the group s combined crude steel production stood at 5.07 million tonnes registering a 65% year on year jump in Q1 FY22 from 3.07 million tonnes posted in Q1 FY21. On a sequential basis, the combined steel production grew 16% from 4.39 million tonnes reported in Q4 FY21. The combined production includes production at jointly controlled entities viz. Bhushan Power & Steel and JSW Ispat Special Products. The capacity utilization at standalone level was at 91% in Q1 FY22 due to shortage of oxygen vis-vis 93% in Q4 FY21. The company said it supplied over 65,000 tonnes of liquid oxygen during Q1 FY22 for medical purposes from the Steel Complexes of the company.

JSW Steel Group Crude Steel production volume at 5 07 MT in Q1FY2022

JSW Steel Group Crude Steel production volume at 5 07 MT in Q1FY2022
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JSW Steel achieves crude steel production of 13 67 lakh tonnes in May 2021

Read more about JSW Steel achieves crude steel production of 13.67 lakh tonnes in May 2021 on Business Standard. The production of flat rolled products stood at 9.99 lakh tonnes, recording a growth of 10% over May 2020. The production of long rolled products stood at 3.09 lakh tonnes, recording a growth of 55% over May 2020.

JSW Steel gains after crude steel production spurts 10% in May

Read more about JSW Steel gains after crude steel production spurts 10% in May on Business Standard. JSW Steel rose 1.91% to Rs 710.30 after the company s crude steel production grew 10% to 13.67 lakh tonnes in May 2021 as against 12.48 lakh tonnes in May 2020.

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