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JSW Steel’s crude steel production falls by 60% to 5.63 lakh tonnes in April

Economictimes - MUMBAI: JSW SteelNSE -9.47 % produced 5.63 lakh tonnes of crude steel in April 2020, a 60% decline as against 13.93 lakh tonnes in the same month last year as the steel maker was operating at low capacities due to the nationwide lockdown.

The average capacity utilisation was clocked at 38% for April 2020, the company said in a statement.

“To commence and scale up production in a healthy and safe state of operating conditions, the Company secured requisite approvals and has acc .

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