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India’s JSW Steel hits in 2021-22

Indian private-sector producer JSW Steel's crude steel production totalled 20.92mn t in the April 2021-March 2022 fiscal year.

India’s JSW Steel hits in 2021-22

Indian private-sector producer JSW Steel's crude steel production totalled 20.92mn t in the April 2021-March 2022 fiscal year.

Its output rose by 35pc against 15.45mn t in 2020-21, it said today. This included output from subsidiary Bhushan Power & Steel and joint-controlled entity JSW Ispat Special Products.

JSW's standalone production in 2021-22 rose by 17pc from a year earlier to 17.62mn t, including 780,000t from the Dolvi plant's phase two expansion. Output from Bhushan Power & Steel was 2.72mn t, while JSW Ispat Special Products production rose by 53pc from the previous year to 580,000t.

Total output during the January-March quarter rose by 36pc from a year earlier to 5.88mn t, while JSW's standalone production rose by 20pc to 5.01mn t, including 590,000t from the Dolvi expansion.

The company's standalone capacity utilisation was 98pc during January-March compared with 93pc for the same period last year.

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