JSW Steel's April crude steel output dips 5% as it focuses on oxygen supply

In April, over 20,000 tonnes of LMO were supplied from firm's steel units; company was supplying 185 tonnes a day of LMO mid-April, which has now been raised to 1,200 tonnes

JSW Steel logged in a five per cent month-on-month drop in crude steel production this April as it stepped up supply of liquid oxygen for medical purposes.    

The company said on Tuesday that capacity utilisation was lower sequentially in April due to priority in supply of liquid oxygen for medical purposes over augmenting steel output.

Last month, Sajjan Jindal, Chairman and Managing Director, JSW, had said, “Saving lives is more important than producing steel. Production can suffer for as long as the country is in need of any resource available with the company.”

The production numbers shared by the