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08 Feb
14:15

JSPL steel output rises marginally, deliveries drop

The third quarter of the fiscal year ending 31 March 2022 (FQ3) witnessed a sharp rise in steel demand versus the previous quarter, says Jindal Steel and Power (JSPL). However, owing to atypical rains, lack of railway wagons, and muted demand amid surging Covid-19 cases, demand dropped 7% on-year in the quarter. The steel company expects demand to grow in FQ4 on the back of the government’s push on infrastructure in the recent national budget, increased wago…
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