JSW Steel output drops by 8% in the 2nd Quarter

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Bhubaneswar:  Sajjan Jindal controlled JSW Steel’s crude steel output has dropped by 8% in the July-September (Q2) quarter to 3.84 Million Tonnes (MnT) from 4.18 MnT in the same quarter last fiscal. In the first quarter, the Crude steel output of JSW had increased by 3%.

While, the production of Flat Rolled productions has dropped by 8% to 2.71 MnT, output of Long Rolled productions fall by  9% to 0.82 MnT.

In the first half of the current financial year, the company has reported 3% drop in its crude steel output to 8.08 MnT, from 8.30MnT during the first half (H1) of FY19. While, the production of Flat Rolled productions has dropped by 4% to 5.62 MnT, output of Long Rolled productions up by  1% to 1.87 MnT.

 

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