NEW DELHI, Sept 13: JSW Steel today reported a 29 per cent jump in crude steel production for the month of August at 9.85 lakh tonnes.
The company had produced 7.63 lakh tonnes crude steel in the same month last year, it said in a statement.
JSW Steel said it produced 8.24 lakh tonnes flat steel, used in auto and fast-moving consumer goods sectors, during August this year compared to 7.35 lakh tonnes during the same moth last year.
Production of long products, used mostly in construction sector, however, slipped 13 per cent to 1.28 lakh tonnes from 1.48 lakh tones a year earlier.
JSW Steel said it took shutdown of one of its corex furnaces for relining and capacity enhancement and the same is expected to recommence production in the current month.
“The capacity utilisation at Vijayanagar works remains at around 80 per cent due to iron ore shortage caused by inordinate delays in opening category A & B mines even after the Supreme Court order in April to resume mining operations,” JSW Steel said. (PTI)
Follow our WhatsApp channel