JSW Steel reported a consolidated crude steel production of 21.21 lakh tonnes (LT) for April, maintaining a steady output compared to 21.13 LT in April 2023. In India, the company produced 20.55 LT of crude steel, slightly up from 20.33 LT during the same period last year. However, JSW Steel USA – Ohio saw a decline, producing 0.66 LT in April, down from 0.80 LT the previous year.
JSW Steel, the flagship company of the $23 billion JSW Group, is one of India’s largest integrated steel manufacturers with a production capacity of 18 million tonnes per annum (MTPA). The company is recognized for its rapid growth and presence in over 100 countries, supported by state-of-the-art manufacturing facilities in Karnataka, Tamil Nadu, and Maharashtra.
Committed to innovation and excellence, JSW Steel continuously upgrades its capabilities to meet evolving global market demands. The company has a technological collaboration with JFE Steel Corp of Japan, focusing on producing high-strength and advanced high-strength steel for the automotive sector.
On the stock market, JSW Steel was trading 0.42% lower at ₹850 around 12:28 PM, compared to the previous close of ₹853.60 on the NSE. During intraday trading, the stock fluctuated between a high of ₹851.90 and a low of ₹830.
JSW Steel’s consistent production figures and strategic partnerships highlight its robust position in the steel industry, even as it navigates fluctuations in market conditions and strives to stay at the forefront of technological advancements.
