JSW Steel Reports 6% Year-on-Year Output Growth in December Quarter Amidst Plant Shutdown
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4 SourcesNew Delhi, India
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JSW Steel Reports 6% Year-on-Year Output Growth in December Quarter Amidst Plant Shutdown

JSW Steel reported a 6% year-on-year increase in consolidated steel output to 7.48 million tonnes for the December quarter. This growth occurred despite a shutdown of Blast Furnace 3 at its Vijayanagar plant for upgrades, which impacted capacity utilization. Quarterly production saw a 5% decline due to this shutdown. The company's US operations also experienced some impact. The Vijayanagar furnace is expected to be commissioned by the end of the next fiscal year.

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