JSW Steel's crude steel production rises 5 per cent in November
JSW Steel has announced a 5% increase in its crude steel production for November. The company produced 24.39 lakh tonnes, up from 23.23 lakh tonnes in the same month last year.
The growth underscores the company's continued expansion and resilience in the competitive steel industry, strengthening its position as a key player in the country's infrastructure sector.
The company's crude steel output was 23.23 lakh tonnes in the corresponding month of the previous fiscal, JSW Steel said in a filing to BSE.
The production of its Indian operations also increased 5 per cent to 23.61 lakh tonnes during the month.
The company said capacity utilisation at its Indian operations stood at 84 per cent, lower due to the shutdown of a blast furnace at its Vijayanagar facility for capacity upgradation.
JSW Steel is the flagship business of the diversified $23 billion JSW Group.
As one of the country's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports and venture capital.
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