JSW Steel’s crude steel output jumps to 13.71 LT in April

By: |
May 11, 2021 12:47 PM

JSW Steel on Tuesday said its crude steel output jumped over two-fold to 13.71 lakh tonne (LT) during April 2021.

Shyam Metalics IPO, Tata steel, initial public offer, grey marketThe IPO of Shyam Metalics comes at a time when the metal sector is enjoying a dream run, and the momentum advantage is totally in favour of metal stocks

JSW Steel on Tuesday said its crude steel output jumped over two-fold to 13.71 lakh tonne (LT) during April 2021. The company had produced 5.63 LT in April 2020, JSW Steel said in a statement. On a month-on-month (m-o-m) basis, the crude steel output fell 5 per cent. The company had produced 14.46 LT crude steel in March 2021.

During April, the company’s production of flat-rolled products rose about three-fold to 9.57 LT, from 3.44 LT in the same month last year. The production in April was 9 per cent lower as compared to the 10.50 LT of flat-rolled products production in March 2021.

JSW Steel produced 3.37 LT long-rolled products in the month under review, higher from 0.89 LT in April 2020. Production of 3.37 LT long-rolled products in April 2021 was 5 per cent lower, from 3.54 LT production in March 2021.

JSW Steel Ltd is the flagship company of the diversified USD 12 billion JSW Group which has a leading presence in sectors such as steel, energy, infrastructure, cement, sports among others.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Recovery in Vijay Mallya fraud case: United Breweries shares sold for Rs 5,800 cr; more expected this week
2Piramal Pharma completes acquisition of Hemmo Pharmaceuticals
3Xiaomi Redmi Note 10S review: Software, not hardware is what makes this phone ‘special’