JSW Steel has achieved its highest ever annual consolidated crude steel production of 26.43 million tons, with a growth of 9% YoY.Crude Steel production for Q4 FY 24 stood at 6.79 Million tonnes, higher by 3% YoY. Capacity utilisation at Indian Operations level stood at 93% for Q4 FY 24. JSW Steel USA �Ohio reported better volumes on QoQ as well as YoY basis.The Company achieved combined annual production of 26.68 million tonnes against its guidance of 26.34 Million tonnes, which is a 101% achievement.Powered by Capital Market - Live News

JSW Steel announced that its wholly owned subsidiary, JSW Vijayanagar Metallics has successfully commissioned its Hot Strip Mill at its integrated steel plant at Vijaynagar with a capacity of 5 MTPA and has made its first dispatch. The HSM facility has capability of manufacturing plates, coils and is equipped with advanced features such as Digital Reheating Furnaces, Evaporative Cooling System and Waste Heat Recovery System, Attached Edger in Finishing mills for accurate width control, Auto Steering Control, uniform mechanical properties and production of superior value added grades.The HSM facility was lit-up on 17 March 2024, and after successful completion of trial runs and quality & delivery testing, the commercial manufacturing and sales have commenced. Powered by Capital Market - Live News

JSW Steel will hold a meeting of the Board of Directors of the Company on 17 May 2024.Powered by Capital Market - Live News

JSW Steel has appointed Robert Simon (Rob) as the Chief Executive Officer of JSW USA. He will lead the overall business comprising slab, coil, pipe & plate production and sales at Baytown and Mingo Junction. Rob will report to the respective Boards of both the subsidiary companies of JSW Steel.An Industrial Engineer from West Virginia University, Rob began his professional career as a Production Manager, and eventually as General Manager for Oregon Brass Works. He held several key positions at Evraz North America`s Rocky Mountain Steel Mills eventually becoming the Vice-President & General Manager and later the Executive Vice-President for the company`s Tubular Division. Rob`s career then expanded to Steel Dynamics, taking the role of Vice-President Structural Products, where he led the organization through a recovery from the financial crisis re-establishing a strong presence in the company`s markets while also developing a significant presence in new markets. Rob later accepted the position of Chief Executive Officer for the newly formed Bayou Steel Group. Prior to joining JSW USA, heconsulted with several companies including OmniTrax in Denver Colorado. Rob has also served on the Executive Committee and as Chairman of the Steel Manufacturers Association in the USA and as a Board Member of the American Institute of Steel ConstructioPowered by Capital Market - Live News

JSW Steel announced that consolidated crude steel production rose 7% to 23.62 lakh tonnes in month of January 2024 compared to 22.02 lakh tonnes in January 2023. The capacity utilisation at India operations level stood at 97% for January 2024. Powered by Capital Market - Live News