JSW Steel posts 22 per cent rise in crude steel production

JSW Steel reported a 22 percent increase in crude steel production in August this year to 1.6 million tons. In the previous month, the private steel giant produced 1.3 million tons. Flat product production in the previous month was 1.2 million tons, up from 8.99 lakh tons in August 2021. Long product volume increased 25 percent in the month under review to 375,000 tons, compared to 301,000 tons in the month under review. the same month. month last year. Due to a lack of iron ore in both Karnataka and Odisha, the average capacity utilization was reported to be 87.4 percent.