Jindal Steel & Power (JSPL) has reported its highest ever exports of steel & related products during April 2020. The company exported 248,000 MT of steel & related products, which is a growth of 109% (m-o-m). Export contributed to 74% of its total sales volume. Despite challenging times, the company has reported 5% growth (y-o-y) in the production of steel & granulated pig iron to 550,000 MT during April 2020. The Group has recorded 655,000 MT of consolidated steel production in April 2020.
The company has effectively and appropriately addressed the domestic demand situation and formulated Business Continuity Strategy and subsequently secure full export order book to ensure continuous operation of its plant. With the continuous support of Indian Railways and various ports in the eastern part of the country (viz Gangavaram, Vizag, Paradip, etc), the company continues with steel production to support the Indian economy by earning precious foreign currency by exporting its products.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.
