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This Article is From Jul 07, 2022

JSW Steel Consolidated Output Rises 16% To 5.88 Million Tonne In April-June

JSW Steel consolidated output rises 16 pc to 5.88 MT in Apr-Jun

JSW Steel Consolidated Output Rises 16% To 5.88 Million Tonne In April-June
Steel sheets sits stacked inside JSW Steel Ltd.'s plant. (Source: Company website)

JSW Steel on Thursday posted a 16% jump in its consolidated crude steel output at 5.88 million tonne during April-June 2022.

In the same period last year, its production was at 5.07 million tonne, the company said in a statement.

"JSW Steel reported its group combined crude steel production at 5.88 million tonne for Q1 FY23 registering a growth of 16% year-on-year, including the production at jointly controlled entities," it said in a statement.

On a quarter-on-quarter basis, the production was 2% down from 5.98 MT in January-March 2022.

"The crude steel production was lower sequentially due to preponement of certain scheduled shutdowns during the financial year 2022-23," the company said.

JSW Steel is the flagship business of the diversified $22 billion JSW Group which has presence in energy, infrastructure, cement, paints, sports, and venture capital besides steel.

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