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JSPL records 13% growth in standalone steel production in October

21 Nov 2020 Evaluate

Jindal Steel & power (JSPL) has recorded a 13% growth (Y-o-Y) in standalone Steel Production with 585,000 metric tons in October 2020 as compared to 518,000 metric tons in the previous year during the same period. Company’s standalone Sales rose by 10% (Y-o-Y) in October 2020 with 600,000 metric tons as compared to Standalone Sales of 547,000 metric tons in the previous year during the same period.

The export sales contributed to 28% of total sales volumes in October 2020. Company’s exports also grew at a rate of 37% (Y-o-Y) in October 2020. The Company reports Ever Highest Pellet production of 701,500 MT in October 2020. JSPL also reports Ever Highest wire rod production of 49,062 MT in October 2020.

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.

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