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JSW Steel augments capacity utilisation to 85 percent in May 2020

Tuesday, 26 May 2020
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JSW Steel has ramped up capacity utilisation to 85 percent in May 2020 after restarting operations in April 2020.

The company is seeing some traction but it is not from capital goods or auto sector, but from government-induced expenditure in transmission, distribution, solar, metros and pipelines. JSW Steel has large capex plans to raise capacity by 35 percent.

There were 15,000 workers earlier at Dolvi plant in Maharashtra, but it has been able to retain only 30 percent or 3,000 of them.

 
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