JSW Steel ramps up capacity utilisation to 83% in May compared to 38% in April

• Tuesday, June 9, 2020
• Source:ferro-alloys.com

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[Ferro-Alloys.com] JSW Steel ramped up its capacity utilisation to 83% in May compared to 38% in April, leading to a production of 12.48 lakh tonne of crude steel during the month. This represents a 122% rise over crude steel output of 5.63 lakh tonne in April, the company said in an official statement on Tuesday. In May'19 the company had produced 14.53 lakh tonne of crude steel. 

 

Flat steel products saw a 163% rise in production at 9.05 lakh tonne in May'20 against 3.44 lakh tonne in April, though it was lower than 10.17 lakh tonne produced in May'19. Long products saw a jump of 124% to 2 lakh tonne during May '20 over 0.89 lakh tonne in April. In May last year, JSW Steel had produced 3.58 lakh tonne of long products, the statement said. 

 

Source: economictimes

 

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