Breaking News

Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis

JSW Steel's crude steel output rises 12% to 6.87 MT in Oct-Dec

266791_1704886702_small.png
Ferrous 10 Jan 2024 10:08 PM IST Business Standard

JSW Steel reported a 12% year-on-year increase in consolidated crude steel output to 6.87 million tonnes (MT) for the current fiscal period of October-December. In the same time frame of the previous fiscal year, its total crude steel production was 6.14 MT.

The company produced 6.63 MT of steel from its facilities in India during October to December, a 9% increase over 6.06 MT during the same period last year. In India, the third quarter saw a 94% capacity utilisation rate.

From October to December 2022–2023, JSW Steel USA – Ohio produced 0.24 MT of steel, a threefold increase from 0.8 MT.