03
Sep
11:00
Domestic demand recovery spurs JSPL August sales surge
Jindal Steel & Power (JSPL)’s standalone sales surged 37% on-year in August to 682,000 tonnes, with production up 18% to 625,000t. Exports came down significantly, contributing to 42% of sales volumes, as domestic post-Covid-19-lockdown demand recovered.
The firm’s coal gasification-based direct reduced iron plant at Angul reached a record 72% capacity utilisation in August. Its Barbil pellet plant posted a monthly record 700,600t of productio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous