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10 Mar
09:57

JSPL operational performance surges, expects further price hikes

Owing to the Russian invasion of Ukraine, commodity prices have surged to a new level. Energy prices, coupled with coal and ferroalloys offers are skyrocketing, pushing steel prices higher, says Jindal Steel and Power (JSPL). JSPL’s crude steel production grew marginally by 1% on-year to 657,000 tonnes in February. Deliveries grew 8% on-year to 590,000t, against 547,000t sold in last year, Kallanish notes. Deliveries majorly grew on the back of high exports…
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