JSPL is likely to achieve a sales volume of 7.5 mn t in FY ’21 as per the statement given by MD, Mr. V R Sharma. He further added that the company has hiked steel price by INR 1,000/t today and the total price hike from Q2 FY ’21 to Q3 FY ’21 has been in the range of INR 5,000-5,200/t. Limited supplies, revival of the construction sector, and the white-good sector is expected to drive the demand.
Leave a Reply