Team News Riveting
Raipur, July 7
JSW Steel reported its group combined crude steel production at 5.88 million tonnes (MT) for the first quarter of the current financial year 2022-23 (Q1 FY’23), registering a growth of 16 per cent year-onyear (YoY), including the production at jointly controlled entities.
The crude steel production was lower sequentially due to preponement of certain scheduled
shutdowns during the financial year 2022-23.
JSW Steel is the flagship business of the diversified, US$ 22 billion JSW Group. As one of India’s leading
business houses, JSW Group also has interests in energy, infrastructure, cement, paints, sports, and
venture capital. JSW Steel, certified by Great Places To Work in 2021, has emerged as an organization with a strong cultural foundation. Over the last three decades, it has grown from a single manufacturing unit to become India’s leading integrated steel company with a capacity of 28.5 MTPA in India and the USA
(including capacities under joint control). Its next phase of growth will take its total capacity to 38.5 MTPA
by FY25
