11
Mar
10:26
JSW Steel increases flat steel output
JSW Steel’s flat products output grew 7% on-year in February to 982,000 tonnes, while longs production was flat at 308,000t. Crude steel output increased 5% to 1.32 million tonnes.
JSW’s shipments in the nine months through December 2019 fell -1% on-year to 11.38 million tonnes (see Kallanish passim). Revenue dropped -15% to INR 48,985 crores ($6.9 billion) and net profit declined -21% to INR 5,048 crores. Last month the steelmaker gave Primetals the F…
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Anonymous
Very good overview of the weekly steel market.
Anonymous