JSW Steel Ltd's Crude Steel Production Grew 3% YoY for Nov.'20

The Crude Steel production for the month of November, 2020 was at 13.32 lakh tonnes showing a growth of 3% YoY. The average capacity utilisation was 89% during the month of November 2020. The shortage of Iron ore remained a constraint in November 2020 to achieve higher capacity utilisation.

- Crude Steel production has increased 3% from 12.90 lakh tonnes in November 2019 to 13.32 lakh tonnes in November 2020.

- Rolled Products : Flat production has increased 6% from 9.09 lakh tonnes in November 2019 to 9.61 lakh tonnes in November 2020.

- Rolled Products : Long production has dropped 1% from 2.99 lakh tonnes in November 2019 to 2.95 lakh tonnes in November 2020.

Shares of JSW STEEL LTD. was last trading in BSE at Rs.362.45 as compared to the previous close of Rs. 364.95. The total number of shares traded during the day was 203358 in over 2364 trades.

The stock hit an intraday high of Rs. 367.3 and intraday low of 357.55. The net turnover during the day was Rs. 73614051.

Source : Equity Bulls

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