JSW Steel Crude Steel Production Grows 7% YoY To 1.7 MT In April
Listen to This Article
JSW Steel on Wednesday posted a 7 per cent growth in crude steel production on standalone basis at 17.77 lakh tonne (LT) in April 2023.
The company had produced 16.67 LT steel during the same month last year, JSW Steel said in a statement.
In April 2023, the company said the production of its flat-rolled products rose 16 per cent to 13.92 LT from 12 LT a year ago.
However, its long-rolled products output fell 9 per cent to 3.21 LT from 3.54 LT in April 2022.
"Production of rolled long-products is lower due to planned capital shutdowns taken at Salem and Vijayanagar plant locations during April 2023," it said.
JSW Steel is among top six steel manufacturing companies in India.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more
ACB Securities: Building Scale, Trust & Innovation
ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more
War Risk Returns To Markets As VIX Surges
For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more
Stablecoin The Future Of Currency?
The payments system is undergoing a quiet but consequential shift. What was once the exclusive preserve of central banks... Read more
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more