Tag: Iron ore availability concern
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India: Iron ore availability concern limits JSW Steel to achieve higher steel capacity utilization
JSW Steel’s crude steel output was recorded at 1.332 mn t in Nov ’20, marginally low against 1.338 mn t in Oct ’20. However, the company continued to operate at 89% production capacity, according to its recent BSE filing. The shortage of Iron ore remained a constraint in Nov’20 to achieve higher capacity utilization. However,…