JSW Steel Balancing Growth While Decarbonizing

JSW Steel Balancing Growth While Decarbonizing

Alternatives

JSW Steel’s 2021-22 revenues grew 61% from 2018-19 levels to a record US$ 7.8 billion, the company reported last month. The steel industry saw a remarkable comeback in 2021, with steel revenue reaching a record US$ 7.8 billion in 2021 from US$ 5.7 billion in 2018, according to World Steel Association. The growth of JSW Steel during the pandemic is truly

Case Study Solution

JSW Steel is a diversified steel maker that has been successful in the global market for more than a decade. It has been expanding its steel operations across the globe, while increasing its share in its home country. In recent years, JSW Steel has been setting its sights on achieving carbon neutrality in its steel production by 2040, and decarbonization of its entire steel production plant. The company has already implemented several carbon-reducing measures like increasing renewable energy sourcing, adopting technology such as

Case Study Analysis

The text material is quite long, so it’s better to split it into different subsections: – Overview – Key drivers – Market dynamics – Strategy – Execution – Impact on bottom line – Risks As for my view, as a former consultant for global consulting firm, I have years of experience on strategy. In my recent assignment, I have been given the challenge to develop a detailed strategy for JSW Steel to align with the company’s overall growth trajectory while taking into account its carbon footprint commit

Evaluation of Alternatives

In 2019, global steel production reached 1.8 billion tonnes (BT), which was a considerable increase from the prior year. While steel production has grown substantially over the past decade, there is an urgent need to reduce steel demand in line with the decarbonization target to reach net-zero by 2050. Decarbonization will require significant changes in demand for steel. home This requires an extensive change in the steel manufacturing process, including energy use and material supply. Here is an evaluation of a few strategies used by

Recommendations for the Case Study

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Problem Statement of the Case Study

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