InvestorQ : Why are steel companies shifting their output to medical oxygen manufacturing in such a big way?
rhea Babu made post

Why are steel companies shifting their output to medical oxygen manufacturing in such a big way?

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Riya Dwivedi answered.
2 weeks ago
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Leading Indian steel companies like JSW Steel, Tata Steel and SAIL are cutting steel output to augment liquid medical oxygen supply. Largely, that is the need of the hour. In fact, JSW is targeting 20,000 tons of LMO for the April month. Both Tata Steel and SAIL have also temporarily shut down steel producti9on to boost medical oxygen supplies.

The government restricted industrial use of liquid oxygen to boost medical oxygen supplies. Steel plants produce oxygen needed for enrichment in blast furnaces, apart from regular factory needs like lancing and gas cutting of metal sheets.

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