04
Nov
14:17
Jindal Shadeed sales surge
Jindal Shadeed reported a 33% on-year surge in steel sales in the September quarter to 480,000 tonnes, taking six-month-through-September sales up 27% on-year to 980,000t, Kallanish learns from Indian parent Jindal Steel & Power (JSPL).
Shadeed’s crude steel output rose 25% in the September quarter to 510,000t (see Kallanish passim). This took six-month output up 10% to 870,000t.
Compared to the June quarter, September-quarter revenue and Ebitda were ea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous