India: Vedanta’s steel production up 12%, y-o-y, in Q2FY’22

Vedanta Ltd. has recorded total saleable steel production at 293,000 t in Q2FY’22, an increase of 12% on the year compared to 260,000 t in Q2FY’21. On a quarterly basis, the company’s steel output inched up 1% in comparison with 289,000 t in Q1FY’22. Vedanta’s steel production increased due to improved production from furnaces post shutdown.