09
Oct
12:10
JSW, Tata bounce back from lockdown
JSW Steel and Tata Steel ramped up production significantly in the September quarter, bouncing back from a Covid-19-lockdown-induced curb in operations.
JSW recorded average capacity utilisation of 86% in the quarter, in line with 85% in the September-2019 quarter and up from 66% in the three months through June 2020. Crude steel output was flat on-year at 3.85 million tonnes, while flat steel production grew 5% to 2.84mt. Longs output, however, fell -7% to 770,00…
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Anonymous
Very good overview of the weekly steel market.
Anonymous