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JSW Steel’s crude output rises by 14%
JSW Steel has reportedly posted a 14 per cent YoY growth in its crude steel output to 1.57 million tonne in July 2022. The company had produced 1.37 million tonne of crude steel in July 2021, as per reports. The production of flat rolled products rose by 15% to 1.07 million tonne in July 2022, from 930,000 tonne same time last year. The long-rolled product output also reportedly registered a 19% rise to 360,000 tonne against 306,000 tonne a year ago. JSW Steel is the flagship company of the JSW Group, which is worth $22 billion. The group has a presence in various sectors, such as energy, infrastructure, cement, paints, sports and venture capital.
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