JSW Steel records 12Percentage YoY growth in crude steel production in Q2

13 Oct 2022 , 01:33 AM

JSW Steel reported its group combined crude steel production at 568 million tonnes for Q2 FY23 registering a growth of 12Percentage YoY including the production at jointly controlled entities The crude steel production for Q2 FY23 declined 3Percentage sequentially from 588 million tonnes in Q1 FY23 This drop in production was attributable mainly to extended maintenance shutdowns in JISPL subdued market conditions in USA and lower capacity utilisation in other locations in India due to supply and logistics constraints in sourcing of iron ore and steep decline in export volumes