Business

October saw a 12% increase in JSW Steel’s output of crude steel

JSW Steel reported a 12 percent increase in consolidated crude steel production in October to 23.12 Lakh Tonnes (LT) on Thursday.

According to a statement, its consolidated crude steel production was 20.64 LT in the same month previous year.

In October, the company produced 22.36 LT of steel from its India operation, up 9 percent from 20.49 LT the previous year.

The crude steel output of JSW Ispat Special Products Ltd (JISPL) and its subsidiary Mivaan Steels Ltd is included in the India operations.

In October, India’s capacity utilization rate stood at 95 percent.

JSW Steel USA – Ohio produced 0.76 LT steel in October 2023, compared to 0.15 L in October 2022.

JSW Steel is the flagship company of the USD 23 billion JSW Group.

Also read: US Drone Downed By Houthi Rebels in Yemen

Spriha Rai

Recent Posts

Digvijay’s Brother Lakshman Singh Attacks Rahul Over ‘Indecent’ Speech On Hindus

In a post on platform X, Lakshman Singh criticized Rahul Gandhi saying that his speech…

4 mins ago

Breast Cancer: How To Reduce Your Risk

Research indicates that lifestyle changes can decrease the risk of breast cancer, even for those…

17 mins ago

Yogi Adityanath Visits Stampede Victims In Hathras; Vows Justice

Chief Minister Yogi Adityanath visited the victims injured in Tuesday's tragic stampede in Hathras, expressing…

21 mins ago

Bihar Government Challenges Patna High Court Over Quota Amendment

The Bihar government has taken its stance on the reservation issue to the Supreme Court,…

40 mins ago

Indian Cricket Team’s Departure From Barbados Further Delayed, Expected Arrival On Thursday

India’s premier batter Virat Kohli was seen on a video call on hotel’s open balconies…

50 mins ago

‘Bhole Baba’ Evades Capture After Hathras Stampede Kills 121

Sakar Vishwa Hari Bhole Baba, overseeing a religious discourse in Hathras, Uttar Pradesh where 121…

53 mins ago