India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
JSW Steel Records 8% YoY Surge in May 2025 Production Volumes
JSW Steel, one of India’s leading steel producers, announced an 8% year-on-year increase in its crude steel production for May 2025, reaching 21.2 lakh tonnes. This growth reflects continued operational momentum across its key manufacturing units.
Product-wise, the flat steel segment grew 7% YoY to 15.5 lakh tonnes, supported by robust demand in the infrastructure and automotive sectors. Long steel output also saw a 5% increase, reaching 4.4 lakh tonnes.
The production uptick is attributed to smoother plant operations and ongoing capacity optimization. JSW’s strategic investments in process efficiency and downstream capabilities have played a significant role in sustaining growth amid market volatility.
This performance comes at a time when the Indian steel sector is witnessing signs of revival, with domestic demand gaining pace and global commodity trends stabilizing.
Also Read : Hindustan Zinc posts 6th straight fall in quarterly profit on lower prices Tata Power reaches 100 Mn green kms with EV charging network
Global Coal Demand Growth Slows in 2024 Amid Renewable SurgeIn a significant shift toward clean ener...
Business 31-Mar-2025
Finance Minister Nirmala Sitharaman mentioned that the government will mandate the phased blending o...
Announcement 02-Feb-2024
Global scrap prices fluctuated under the influence of uncertain steel market prospects during the se...
Ferrous 27-Jun-2024
The Indian government is planning to extend import restrictions on low-ash metallurgical (met) coke,...
Business 28-Feb-2025
The Central Government has identified copper as one of the 30 critical minerals, prompting policy in...
Press Releases 05-Feb-2024
Iron ore futures held in a tight range on Thursday as investors reassessed near-term demand prospect...
China 29-Feb-2024