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Tombador PFS proves up

JSW Steel on Friday reported 15 per cent rise in crude steel production at 16.46 lakh tonne for the month of January.

The country mainly bought steel from China, with 5 million tonnes valued at 4.38 billion USD, accounting for 40.3 percent and 38 percent of the total volume and turnover, respectively.

Broken down by districts, here’s production for the week ending February 19, 2022 in thousands of net tons: North East: 171; Great Lakes: 601; Midwest: 192; Southern: 729 and Western: 71 for a total of 1764.

Note: this release incorporates revisions to data for June through November 2021 released by the U.S. Census Bureau in February 2022.

A comparison of shipments for full year 2021 to full year 2020 shows the following changes: corrosion-resistant sheet and strip, up 18 percent, cold rolled sheet, up 15 percent, and hot rolled sheet, up 12 percent.

The company is a leading infrastructure conglomerate with a presence in the steel, power and the mining sector.