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09 Aug
13:07

JSW ups July production despite early maintenance shutdowns

JSW Steel posted a 14% on-year increase in standalone crude steel production in July to 1.57 million tonnes, despite advanced maintenance shutdowns. Flat and long products output was up 15% and 19% respectively to 1.07mt and 365,000t. JSW Steel said last month that weak domestic and export demand following the imposition of 15% export duties have prompted it to advance its maintenance shutdowns in order to stem the oversupply and avoid booking losses (see Kal…
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