India: JSPL plans to cut steel exports to 20% in Nov ’20

Jindal Steel & Power is planning to cut down its steel exports to 20% share of total sales, SteelMint learned from the company’s investor conference call conducted today. Revival in domestic demand has resulted in lowering of the share of exports. During the lockdown, the company was exporting 70-72% share of total sales. Company officials also highlighted that they will primarily export finished steel instead of semis.


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