JSW Steel’s crude output rises by 14%
Steel

JSW Steel’s crude output rises by 14%

JSW Steel has reportedly posted a 14 per cent YoY growth in its crude steel output to 1.57 million tonne in July 2022. The company had produced 1.37 million tonne of crude steel in July 2021, as per reports. The production of flat rolled products rose by 15% to 1.07 million tonne in July 2022, from 930,000 tonne same time last year. The long-rolled product output also reportedly registered a 19% rise to 360,000 tonne against 306,000 tonne a year ago. JSW Steel is the flagship company of the JSW Group, which is worth $22 billion. The group has a presence in various sectors, such as energy, infrastructure, cement, paints, sports and venture capital.

Also read:
Adani, JSW, Jindal express interest in auction of Karaikal Port
Rajasthan Government withdraws stay on lignite mining, JSW

JSW Steel has reportedly posted a 14 per cent YoY growth in its crude steel output to 1.57 million tonne in July 2022. The company had produced 1.37 million tonne of crude steel in July 2021, as per reports. The production of flat rolled products rose by 15% to 1.07 million tonne in July 2022, from 930,000 tonne same time last year. The long-rolled product output also reportedly registered a 19% rise to 360,000 tonne against 306,000 tonne a year ago. JSW Steel is the flagship company of the JSW Group, which is worth $22 billion. The group has a presence in various sectors, such as energy, infrastructure, cement, paints, sports and venture capital. Also read: Adani, JSW, Jindal express interest in auction of Karaikal Port Rajasthan Government withdraws stay on lignite mining, JSW

Next Story
Infrastructure Energy

Amazon Invests in Three Wind Energy Projects in India

Amazon has announced significant investments in three wind energy projects across Karnataka, Maharashtra, and Tamil Nadu, which will generate over 379 MW of clean energy. This move underscores the company’s commitment to achieving 100% renewable energy operations.The projects, which are part of Amazon’s broader sustainability strategy, include the CleanMax Koppal project (100 MW) in Karnataka, BluPine Solapur (99 MW) in Maharashtra, and JSW Energy Dharapuram (180 MW) in Tamil Nadu. These developments are expected to help India in meeting its ambitious target of generating 50% of its electr..

Next Story
Infrastructure Energy

ONGC Inks E&P Pact With Bp

State-owned Oil and Natural Gas Corporation Limited (ONGC) and bp have agreed to explore opportunities for collaboration and partnership across the energy industry in India and internationally, focusing on oil and gas exploration and production, as well as trading and extending to other energy vectors. The two companies signed a memorandum of understanding (MoU) ahead of the India Energy Week. Under the terms of the MoU, bp will collaborate with ONGC to jointly explore and evaluate potential business opportunities in oil and gas projects both within India and internationally, the com..

Next Story
Infrastructure Energy

HPCL Plans To Raise Vizag Oil Refinery Capacity By 20%

State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local fuel demand .India is raising its crude processing capacity as the world's third-largest oil importer and consumer wants to be a major global refining hub while its fuel demand is expected to continue growing for the next decade. HPCL recently expanded the capacity of the Vizag refinery to 300,000 barrels per day and is looking for a further increase. HPCL will soon start operations at the Vizag refinery's new secondary units,..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?