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JSW Steel Crude Steel Output Declines 3% To 14 Lakh Tonne In January

Output of JSW Steel’s long rolled products declined 0.5% to 3.42 lakh tonnes as compared to the year-ago month.

The JSW Steel Ltd. logo is displayed on an overhead conveyor at the company’s manufacturing facility in Dolvi, Maharashtra, India. (Photographer: Adeel Halim/Bloomberg)
The JSW Steel Ltd. logo is displayed on an overhead conveyor at the company’s manufacturing facility in Dolvi, Maharashtra, India. (Photographer: Adeel Halim/Bloomberg)

JSW Steel Ltd. on Monday reported 2.9 percent decline in crude steel output at 14.10 lakh tonnes during January 2020.

The company had posted crude steel output of 14.53 lakh tonnes in the year-ago period, JSW Steel said in a filing to BSE.

During the month under review, there was 1.4 percent decline in production of flat rolled products at 10.25 LT, as against 10.40 LT in January 2019, it said.

The company also registered 0.5 percent decline in the output of its long rolled products at 3.42 LT as compared to the year-ago month, it added.

JSW Steel is an integrated steel company in India with an installed steel-making capacity of 18 million tonnes per annum.