Business Update9 Aug 2024, 02:50 pm
JSW Steel's July'24 Consolidated Crude Steel Production Surges by 9% YoY to 22.15 Lakh Tonnes
AI Summary
JSW Steel, a leading integrated steel company, reported a 9% year-over-year increase in its consolidated crude steel production for July 2024. The total production stood at 22.15 lakh tonnes, with Indian Operations contributing 21.40 lakh tonnes and JSW Steel USA - Ohio adding 0.75 lakh tonnes. The capacity utilization at Indian Operations was at 91% for July 2024. The company's plant in Vijayanagar, Karnataka, is the largest single-location steel-producing facility in India with a current capacity of 17.5 MTPA. JSW Steel is known for its excellence in business and sustainability practices, having received several recognitions including the Steel Sustainability Champion from 2019 to 2024 by the World Steel Association.
Key Highlights
- JSW Steel's consolidated crude steel production for July 2024 was 22.15 lakh tonnes, a 9% YoY increase.
- Indian Operations contributed 21.40 lakh tonnes, and JSW Steel USA - Ohio added 0.75 lakh tonnes to the total production.
- The capacity utilization at Indian Operations stood at 91% for July 2024.
- JSW Steel's Vijayanagar plant in Karnataka is the largest single-location steel-producing facility in India with a current capacity of 17.5 MTPA.
- JSW Steel has received several recognitions for its excellence in business and sustainability practices.