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JSW Steel augments capacity utilisation to 85% in May 2020

The company is seeing some traction but it is not from capital goods or auto sector

JSW Steel, Capacity utilisation, Capital goods, Auto sector, Transmission, Distribution, Solar, Metros, Pipelines, Dolvi plant, Maharashtra

JSW Steel has ramped up capacity utilisation to 85% 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%.

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

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