JSW Steel Ltd's Crude Steel Production at 13.71 lakh tonnes in April 2021

The Crude Steel production for the month of April, 2021 was at 13.71 lakh tonnes. The average capacity utilisation was 91% during the month of April, 2021 as against 96% in March 2021.

The Crude Steel production for the month of April 2021 was at 13.71 lakh tonnes as against 14.46 lakh tonnes in March 2021 and 5.63 lakh tonnes in April 2020. The crude steel production is down 5% over March 2021 (MoM).

The production of Rolled Products - Flat was down 9% MoM at 9.57 lakh tonnes in April 2021 as against 10.50 lakh tonnes in March 2021 and 3.44 lakh tonnes in April 2020.

The production of Rolled Products - Long was down 5% MoM at 3.37 lakh tonnes in April 2021 as against 3.54 lakh tonnes in March 2021 and 0.89 lakh tonnes in April 2020.

The capacity utilization was lower sequentially in April 2021 due to priority in supply of Liquid oxygen for medical purposes over augmenting steel production. During April 2021, over 20000 tonnes of liquid oxygen for medical purposes was supplied from the Steel Complexes of the Company.

Shares of JSW STEEL LTD. was last trading in BSE at Rs.758.7 as compared to the previous close of Rs. 757.1. The total number of shares traded during the day was 780855 in over 15433 trades.

The stock hit an intraday high of Rs. 773 and intraday low of 756.1. The net turnover during the day was Rs. 595655459.

Source : Equity Bulls

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