Jindal Steel & Power (JSPL) has increased its steel production by 7% year- on year (Y-o-Y) to 6.24 lakh tonnes in October 2021 compared to 5.85 lakh tonnes during the same period in the previous year. However, JSPL’s Steel Sales observed a 1% (Y-o-Y) dip at 5.93 lakh tonnes in October 2021 (6.0 lakh tonnes in October 2020).
Sales growth lagged production during the month due to lack of rake availability, as the government focused on supplying thermal coal to power plants. Exports accounted for 23% of sales volumes as the Company prioritised domestic demand.
Jindal Steel & Power 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.
