08
Feb
16:32
Jindal Stainless sees profit rise despite reduced deliveries
Jindal Stainless (JSL) steel deliveries dropped 4% on-quarter and 1% on-year to 247,607 tonnes in the December quarter. Domestic sales accounted for 74% and export deliveries for 26%, Kallanish notes.
Deliveries, however, grew 30% on-year to 742,123t in April-December 2021, against 569,726t a year earlier. These were supported by bullish demand in the lifts and escalators segment, industrial and construction sectors. It also worked closely on various governme…
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Anonymous
Very good overview of the weekly steel market.
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