JSW Steel’s October Output Declines Slightly
Steel

JSW Steel’s October Output Declines Slightly

JSW Steel reported a slight decline in its output for the month of October, with production falling to 22.81 lakh tonnes, compared to previous figures. The marginal drop in output reflects the challenges faced by the company amidst fluctuating demand and raw material prices, affecting its overall performance for the month.

Despite this minor dip, the company remains focused on expanding its capacity and improving its operational efficiency to meet future demand. JSW Steel has continued to invest in modernizing its facilities and streamlining production processes to maintain its position as one of India’s leading steel manufacturers.

The company’s steel production volumes are closely monitored by industry analysts and investors, as they provide insights into the broader steel market trends and the health of the manufacturing sector. The drop in output may also be a result of strategic adjustments in production scheduling or market dynamics.

JSW Steel’s leadership remains optimistic about the long-term growth prospects, given the ongoing infrastructure development and demand for steel in India and internationally. The company is poised to capitalize on opportunities in the market while navigating short-term production fluctuations.

JSW Steel reported a slight decline in its output for the month of October, with production falling to 22.81 lakh tonnes, compared to previous figures. The marginal drop in output reflects the challenges faced by the company amidst fluctuating demand and raw material prices, affecting its overall performance for the month. Despite this minor dip, the company remains focused on expanding its capacity and improving its operational efficiency to meet future demand. JSW Steel has continued to invest in modernizing its facilities and streamlining production processes to maintain its position as one of India’s leading steel manufacturers. The company’s steel production volumes are closely monitored by industry analysts and investors, as they provide insights into the broader steel market trends and the health of the manufacturing sector. The drop in output may also be a result of strategic adjustments in production scheduling or market dynamics. JSW Steel’s leadership remains optimistic about the long-term growth prospects, given the ongoing infrastructure development and demand for steel in India and internationally. The company is poised to capitalize on opportunities in the market while navigating short-term production fluctuations.

Next Story
Infrastructure Urban

We are able to raise resources at very competitive rates

The National Bank for Financing Infrastructure and Development (NaBFID) has set a target to sanction Rs.3 tn by March 2026, as announced by Union Minister of Finance Nirmala Sitharaman. Rajkiran Rai G, Managing Director, elaborates upon the bank’s policies and processes, evaluation mechanisms, plans for long-term financing, and more. Excerpts:To date, NaBFID has sanctioned over Rs.1 trillion with projects across the country and in subsectors like roads, renewable power, ports, railways and city gas distribution. Which other sectors have been selected for disbursal?Other than roads and t..

Next Story
Infrastructure Urban

India’s Fastest-Built Structure!

Founded in Greater Noida in 1999, EPACK Prefab, one of India’s leading pre-engineered building (PEB) companies, has constructed India’s fastest-built factory in a record time of just 150 hours. This factory will act as EPACK’s assembly unit and is located in Mambattu, Andhra Pradesh. It spans 151,000 sq ft and was built with a budget of Rs.19 million, with a total structure tonnage of 496 million tonne (mt).Rise of prefabricated buildingsPrefabricated buildings, commonly known as prefabs, are structures made up of components such as walls, roofs and floors that are produced in a factory...

Next Story
Technology

3D Sustainable Construction

Founded in 2016 by IIT-Madras alumni, Tvasta is pioneering the transformation of construction through 3D printing. By creating  an end-to-end technology stack,  the company focuses on faster, cost-effective and sustainable solutions, redefining industry practices and setting benchmarks for innovative, green construction methods. VS Adithya, CEO and Co-Founder, Tvasta, shares his vision, journey and long-term goals in conversation with  R SRINIVASAN. Excerpts:Please share the Tvasta journey, the source of inspiration, why this name was chosen and how the funding ha..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000