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JSW Steel's crude steel output down by 1% YOY in Feb

JSW Steel on Thursday reported crude steel production of 13.06 lakh tonnes in February, down by one per cent from 13.2 lakh tonnes in the same month of previous year. The average capacity utilization was 93 per cent.

The production of flat rolled products totaled 9.27 lakh tonnes in February, down 6 per cent from 9.82 lakh tonnes in the year-ago period. But the production of long rolled products rose dramatically by 10 per cent to 3.4 lakh tonnes in February from 3.08 lakh tonnes the same month last year.

Its manufacturing facility at Vijayanagar in Karnataka is the largest single location steel producing facility in India with a capacity of 12 million tonnes per year.