Jindal Steel & Power (JSPL) has reported robust production in February 2022. The company’s steel production stood at 6.57 lakh tonnes in February 2022 which was modestly higher than previous year (+1% Y-o-Y). Exports contributed 24% to the sales volumes.
Its steel sales increased by 8% Y-o-Y to 5.90 lakh tonnes in February 2022 as compared to 5.47 lakh tonnes of steel sales in the previous year. Sales would have been higher if not for limited rake availability in the eastern part of the country. Railway Rake availability issue is not yet fully resolved, hampering Company’s sales efforts.
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.
