India: JSPL’s crude steel production rises 7%, y-o-y, in FY’22

Steel major JSPL has reported highest ever crude steel production of 2.11 mnt in Q4FY’22, up 8% from 1.96 mnt in the previous quarter, despite challenges such as increased COVID-19 outbreak during in early Jan and logistics issues amid limited rake availability. On an annual basis, production volumes rose 7% to 8.01 mnt in FY’22 compared with 7.51 mnt in FY’21.