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JSW Steel reports group combined crude steel production at 5.07 million tonnes for Q2 FY22

11 Oct 2021 Evaluate

JSW Steel has reported group combined crude steel production at 5.07 million tonnes for Q2 FY’22, including the production at jointly controlled entities viz. Bhushan Power & Steel (BPSL) and JSW Ispat Special Products (JISPL).

The capacity utilization at standalone level was at 91% in Q2’22. During Q2’22, Vijayanagar works has taken planned shutdown for campaign repairs of two of its convertors and Salem works has taken annual shutdown of one of its Blast Furnaces, due to which the capacity utilisation remained at an average of 91% in this quarter.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1243.95
Tata Steel 183.85
Steel Authority 175.55
Jindal Stainless 738.50
APL Apollo Tubes 2121.00
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