India’s JSPL posts 10 % crude output increase for November

Thursday, 09 December 2021 12:23:09 (GMT+3)   |   Kolkata

India’s Jindal Steel and Power Limited (JSPL) achieved crude steel production of 674,000 mt in November this year, up 10 percent year on year, a company statement said on Thursday, January 9.

The company reported that its sales of steel totaled 539,000 mt in November, a decline of 5 percent year on year and attributed this to the shortage of railway rakes impacting deliveries.

“We are gearing up to achieve our annual production target of 8- 8.2 million mt in the fiscal year 2021-22 and are confident of achieving the overall targets,” JSPL, managing director, V. R. Sharma, said in the statement.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.


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