JSW Steel's crude steel output falls over 14% YOY in May
2020-06-03 08:35:04 [Print]
JSW Steel has registered a fall of over 14% in its crude steel production at 12.48 lakh tonne (LT) during May 2020.
The company had produced about 14.53 LT of crude steel during the same month in 2019.
However, on month-on-month basis the production in May was 122% higher compared to 5.63 LT in April 2020, which was about 60% lower compared to 13.90 LT crude steel JSW Steel had produced in April 2019.
"JSW Steel Limited ramped up its capacity utilization in May 2020 to an average of 83% from 38% in the month of April 2020. The crude steel production achieved for May 2020 was at 12.48 LT showing growth of 122% over April 2020," JSW Steel said in a statement.
The company had produced about 14.53 LT of crude steel during the same month in 2019.
However, on month-on-month basis the production in May was 122% higher compared to 5.63 LT in April 2020, which was about 60% lower compared to 13.90 LT crude steel JSW Steel had produced in April 2019.
"JSW Steel Limited ramped up its capacity utilization in May 2020 to an average of 83% from 38% in the month of April 2020. The crude steel production achieved for May 2020 was at 12.48 LT showing growth of 122% over April 2020," JSW Steel said in a statement.
