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JSW Steel increases quantum of pulverised coal being purchased from Russia

21 May 2022 Evaluate

JSW Steel has increased the quantum of pulverised coal being purchased from Russia to 10-15 per cent of its requirements in recent times. The higher purchases by JSW Steel, one of the country's leading steel producers, also come amid the Russia-Ukraine conflict, which has disrupted raw material supplies to various sectors, including steel.

The pulverised coal is used by steelmakers in the blast furnace (BF) as an auxiliary fuel. Pulverised Coal Injection (PCI) is a process that involves injecting large volumes of fine coal particles into the raceway of the BF.

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 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
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