The Jindal Steel and Power Limited (JSPL) has reported highest ever exports of steel and related products during April. The company exported 248,000 MT of steel and related products, which is a growth of 109 percent (m-o-m). export contributed to 74 percent of its total sales volume.
Despite challenging times, JSPL India reported 5 percent growth (y-o-y) in the production of steel and granulated pig iron to 550,000 MT during April. The Group has recorded 655,000 MT of consolidated steel production in April.
All plant operations strictly adhered to the MHA guidelines and shop floor operations resorted to staggered working to ensure proper physical distancing.
India’s largest Blast Furnace at JSPL-Angul has recorded the highest ever production of 298,000 MT of hot metal during April.
JSPL reported standalone sales of 335,000 MT, the balance production is under shipment and stocked at the port waiting for vessels, which will be accounted in the month of May. JSPL recorded consolidated sales of 456,000 MT during April. JSPL Oman Steel plant reported 106,000 MT of steel production while steel sales stood at 120,000 MT.