JSW to double capacity utilisation at US mills over 3 months - Daily News & Analysis

Mumbai: With market started looking up, JSW Steel today said it will double the capacity utilisation at its US-based plate and pipe mills to 30-40 per cent over the next three months, and accordingly not considering to temporarily close them down.

See information about elastic tape and related products.

"We have decided not to close down the mills. However, we will operate them at low capacity," JSW Group's chief financial officer MVS Seshagiri Rao said here. The private sector steel major had on May 19 indicated that the mills could be closed down for three months starting from June and upgradation and maintenance works would be carried out in the interim expecting better times ahead.

Full Story: JSW to double capacity utilisation at US mills over 3 months - Daily News & Analysis