JSW Steel has recorded a 13% drop in crude steel production in August 2019. JSW Steel informed BSE that crude steel production for August 2019 was at 1.25 million tonnes as compared to 1.45 million tonnes in the same period last year. Production of flat rolled products saw a decline of 13 per cent to 851,000 tonnes, while long rolled products dropped by 5% to 291,000 tonnes. JSW Steel said that the production was lower due to a planned shutdown at Vijaynagar works and severe monsoon impact at Dolvi works.
In July, JSW Steel had clocked crude steel production of 1.32 million tonnes, down by four per cent on a year on year basis.
Source of information