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15 Jun
15:09

JSPL posts rise in May steel production, sales

Jindal Steel and Power's (JSPL) crude steel production grew marginally by 1% on-year to 698,000 tonnes in May. Deliveries surged 5% to 525,000t during the period, Kallanish notes. “Notwithstanding challenging demand conditions and constant issues faced with regard to railway rake availability, JSP did well to report a 5% on-year increase in steel sales in the month of May 22,” JSPL said in an exchange filing. “Monthly steel production was als…
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