India: JSPL’s steel sales up 21% m-o-m in Jul’21 on robust exports

Jindal Steel and Power Limited (JSPL), a leading Indian private steel mill, reported a 21% m-o-m increase in sales volumes to 0.67 mn t in Jul’21, as per the company’s recent BSE disclosure.

Meanwhile, on yearly basis, steel sales went up by 5% against 0.64 mn t in Jul’20. Moreover, JSPL’s export sales accounted for more than 40% of total sales due to improved demand from overseas.