India’s leading steel mill – Jindal Steel & Power (JSPL) achieved 1.84 mn t of crude steel output in Q2 FY ’21. This is the company’s best-ever quarterly production volume, SteelMint learned from the company’s press release.
The production volumes have been up by 10% q-o-q compared to 1.67 mn t in the previous quarter and 16% y-o-y as against 1.58 mn t in Q2 FY ’20 respectively.
Other major highlights are mentioned below-
- The company achieved the highest ever sales volumes of 1.93 mn t in Q2, rising by 24% on the quarter and 30% CPLY.
- The company exported 0.74 mn t of steel products in Q2, accounting for 38% of the total sales volume.
- Highest ever quarterly pellet production, from Barbil plant at 2.01 mn t in Q2.
We are proud of our dedicated workforce and their hard work. We firmly believe in the India growth story and want to contribute to it significantly. We are setting new production benchmarks for ourselves and would like to surpass them consistently going forward. We are ramping up sales & production, as India comes out of the lockdown effect and ramps up its economic activities towards a renewed growth path,” said Mr. V R Sharma, MD JSPL, in a statement.
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