JSW Steel on Friday reported an increase of 2 per cent in
October crude steel production at 5.7 lakh tonnes over the corresponding month
last year.
The company had produced 5.59 lakh tonnes crude steel in the
year-ago period.
JSW Steel said its Vijaynagar plant could utilise only 67
per cent of its installed capacity due to shortage of iron ore.
“Even though the company procured iron ore through
e-auctions, the availability of ore at plant remains a bottleneck due to
procedural delays and logistics constrains in movement of ore,” it said in a
statement.
The company had produced 17.38 lakh tonnes crude steel in
the second quarter of the current fiscal.
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