JSW Steel reviews manufacturing performance of Q4FY20 and FY20

JSW Steel reviews manufacturing performance of Q4FY20 and FY20

by admin- Tuesday, April 7th, 2020 04:09:56 PM

JSW Steel reported crude steel manufacturing at 3.97 million heaps (MT) in Q4FY20 in comparison to four.02 MT in Q3FY20 and 4.17 MT in Q4FY19, recording QoQ increase of (-)1% and YoY boom of (-)five%.

Production of flat rolled merchandise stood at 2.87 MT in Q4FY20 compared to two.86 MT in Q3FY20 and 3.01 MT in Q4FY19, recording QoQ boom of 1% and YoY increase of (-)five%.

Production of long rolled merchandise stood at zero.Ninety five MT in Q4FY20 as compared to 0.89 MT in Q3FY20 and 0.99 MT in Q4FY19, recording QoQ boom of 7% and YoY boom of (-)four%.

For the 12 months FY20, crude steel manufacturing declined 4% to sixteen.06 MT compared to 16.Sixty nine MT in FY19.

Production of flat rolled merchandise fell 3% to 11.35 MT in FY20 as compared to 11.Seventy four MT in FY19.

Production of lengthy rolled products fell 4% to a few.72 MT in FY20 as compared to three.87 MT in FY19.

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