JSW cuts output in face of oxygen shortage
2021-05-11 12:02:59 [Print]
India's biggest steelmaker JSW expects disruption from the country's brutal second wave of coronavirus to last until September as it slashed production because of oxygen shortages and shrinking industrial demand.
The company has cut steel output almost 10 per cent, JSW's chair Sajjan Jindal said.
Crippling shortages of oxygen for Covid-19 patients has forced industrial groups to redirect the gas from factories to hospitals.
JSW is now the largest supplier of liquid medical oxygen in the country, according to Jindal, transporting about 1,200 tonnes a day. He said he expected that to continue for "a couple of months".
The company has cut steel output almost 10 per cent, JSW's chair Sajjan Jindal said.
Crippling shortages of oxygen for Covid-19 patients has forced industrial groups to redirect the gas from factories to hospitals.
JSW is now the largest supplier of liquid medical oxygen in the country, according to Jindal, transporting about 1,200 tonnes a day. He said he expected that to continue for "a couple of months".
