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13 Mar
17:03

JSW Steel longs output falls, flats increases

JSW Steel reported a -10% on-year decline in long steel output in February to 308,000 tonnes, but flats output rose 1% to 920,000t. Crude steel production fell -6% to 1.26 million tonnes, Kallanish learns from the Indian steelmaker. Earlier this month the producer signed a $700 million five-year Advance Payment and Supply Agreement with Duferco (see Kallanish passim). This will provide the Indian steelmaker with long-term financing to support growth plans i…
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