JSW Steel achieved crude steel production of 4.19 million tons in 4Q FY’21, registering a growth of 2% QoQ and 6% YoY.
The company’s average capacity utilisation improved from 91% of 3Q’21 to 93% for 4Q FY’21. However, the capacity utilisation during the month of March 2021 was 96% stated a release from JSW.
Even though the average capacity utilisation improved from 66% in Q1 2020-21 to 93% in Q4 2020-21, the crude steel production for FY 2020-21 was lower by 6% mainly due to disruption in production caused by the outbreak of COVID-19 in Q1 2020-21 stated the release.
JSW Steel Ltd, is one of the leading integrated steel companies in India with an installed capacity of 18 MTPA, and has plans to scale it up in India.
JSW Steel’s manufacturing facility at Vijayanagar, Karnataka is the largest single location steel-producing facility in India with a capacity of 12 MTPA