Kolkata, Sep 12 (PTI) JSW Steel on Monday reported a 22 per cent jump in crude steel production in August this year to 16.76 lakh tonne.

The private steel major had produced 13.77 lakh tonne in the year-ago month.

Also Read | Amazon Cuts Down Selling Fee by 50% for New Vendors Ahead of Festive Season Sale.

The production of flat products at 12.01 lakh tonne in the last month was higher than 8.99 lakh tonne in August 2021.

Long product volume grew by 25 per cent to 3.75 lakh tonne in the month under review as compared to 3.01 lakh tonne in the corresponding month last year.

Also Read | Blaupunkt Launches 3 Affordable QLED TVs in India, Check Price & Other Details Here.

JSW officials said the average capacity utilisation was lower at 87.4 per cent due to a shortage of iron ore both in Karnataka and Odisha regions.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)