JSW Steel posts Highest annual output

(20 second reading) JSW Steel has achieved its highest ever consolidated crude steel production of 26.43 million tons, up 9 per cent on-year in comparison to 24.15 million tons in FY23. The company achieved combined annual production of 26.68 million tonnes against its guidance of 26.34 Million tonnes, which is a 101 per cent achievement.
For the fourth quarter of FY24, JSW Steel posted crude steel production of 6.79 million tons, up 3 per cent as against 6.58 million tons during the same period last year.
Capacity utilisation at Indian operations level stood at 93 per cent for Q4FY24. JSW Steel USA – Ohio, meanwhile, reported better volumes on QoQ as well as YoY basis.

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