JSW Steel’s consolidated crude steel production for November 2024 stood at 23.23 lakh tonnes, marking a 5% YoY growth. Indian operations contributed 22.53 lakh tonnes, reflecting a 7% YoY increase, with a capacity utilisation of 94%. The company’s steady growth underscores its operational efficiency and strong performance in the steel sector.
JSW Steel reported a 5% year-on-year (YoY) increase in consolidated crude steel production for November 2024, reaching 23.23 lakh tonnes compared to 22.04 lakh tonnes in November 2023. Indian operations contributed 22.53 lakh tonnes, reflecting a 7% YoY growth from 21.14 lakh tonnes in the previous year. Meanwhile, JSW Steel USA – Ohio reported production of 0.70 lakh tonnes, down from 0.90 lakh tonnes in November 2023.
JSW Steel is the flagship business of the JSW Group, a diversified conglomerate with a market presence of $24 billion. The JSW Group operates across various sectors, including energy, infrastructure, cement, paints, real estate, e-platforms, mobility, defence, sports, and venture capital.
Over the past 3 decades, JSW Steel has transformed from a single manufacturing facility into India’s leading integrated steel producer, boasting a total capacity of 35.7 MTPA across India and the USA (including 5 MTPA currently under commissioning in India). The company’s next growth phase aims to expand its total capacity to 43.5 MTPA by September 2027.
Notably, its Vijayanagar plant in Karnataka is India’s largest single-location steel manufacturing facility, with a current capacity of 17.5 MTPA (including 5 MTPA under commissioning).
On December 10, 2024, JSW Steel share price opened at ₹1,021.00, up from its previous close of ₹1,011.90. At 9:38 AM, the share price of JSW Steel was trading at ₹1,013.05, up by 0.11% on the NSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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