05
Aug
13:09
JSPL output, sales rise on higher export demand
Jindal Steel & Power (JSPL)’s steel production rose 8% on-year to 650,000 tonnes in July and sales grew 5% on-year and 21% on-month to 670,000t.
Owing to high spot demand in international markets, exports’ share in sales soared above 40%, Kallanish notes.
“Despite the second wave of Covid-related disruptions, we are on track to achieve our annual target of 8.25 million tonnes for FY22,” says JSPL managing director VR Sharma. &ldqu…
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Anonymous
Very good overview of the weekly steel market.
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