India: JSW’s steel sales increase by 5% in Q2 FY’22

JSW’s steel sales stood at 3.79 mn t in Q2 FY’22, up 5% against 3.61 mn t in Q1. On y-o-y basis, sales declined by 8% against 4.12 mn t in Q2 FY’21.

• Flat steel sales stood at 2.61 mn t, down 2% on quarter
• Long steel sales were at 0.95 mn t, up 13% q-o-q
• Sales of semis spiralled 130%, q-o-q, to 0.23 mn t