Notwithstanding subdued construction activities due to the ongoing monsoons in August, Jindal Steel & Power (JSPL) has maintained strong momentum in sales and production. Steel sales volume increased 6% M-o-M and 4% Y-o-Y to 7.1 lakh tonnes. Exports continue to boost JSPL’s sales efforts as its share increased to 42% during the month. Monthly production also rose 6% Y-o-Y to 6.6 lakh tonnes. Inventory levels continue to decline as sales volume surpass production for the second consecutive month.
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.
