JSW Steel reports Consolidated Crude Steel Production of 23.16 Lakh Tonnes for August'24

JSW Steel reported consolidated Crude Steel production for the month of August'24 at 23.16 Lakh tonnes.

The Company commissioned all major facilities to expand its capacity from 3.5 MTPA to 4.5 MTPA at BPSL. Production ramp-up is expected gradually by Q3 FY25.

Monthly Crude Steel production was higher by 2% YoY in the Indian Operations with a capacity utilisation of 91%. US operations remained flattish. Consolidated crude steel production grew by 1% YoY.

Shares of JSW Steel Limited was last trading in BSE at Rs. 926.85 as compared to the previous close of Rs. 938.70. The total number of shares traded during the day was 19038 in over 1175 trades.

The stock hit an intraday high of Rs. 944.85 and intraday low of 924.70. The net turnover during the day was Rs. 17776269.00.

Source : Equity Bulls

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JSWSteel INE019A01038 CrudeSteel Production August2024