26
Jan
14:38
JSPL sees steel 'green shoots' following shipments increase
Jindal Steel & Power (JSPL) says “…green shoots” have emerged in the global steel market after recording a 17% on-year growth in steel sales in the third fiscal quarter through December (FQ3) to 1.36 million tonnes. Iron ore pellet shipments, however, dropped -5% to 870,000t.
The highlight of FQ3 was the launch at JSPL’s Angul works of a 250-tonne basic oxygen furnace (see Kallanish 5 January). The new BOF will produce up to 3 millio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous