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08 Dec
12:25

JSPL’s output rises, deliveries plunge on logistics constraints

Jindal Steel & Power (JSPL)’s steel production rose 10% on-year to 674,000 tonnes in November, against 614,000t a year earlier. The company’s deliveries, however, plunged 5% on-year to 539,000t during the period, Kallanish notes. Sales were lower due to the non-availability of rail wagons, says the company. “We are gearing up to achieve our annual target of 8-8.2 million tonnes of steel production. We are confident we will achieve the overal…
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