India’s top steelmaker’s sales comparison

Sales increased across companies in Q3, both on a q-o-q and y-o-y basis, possibly as the import pressure on the Indian market diminished, and steel consumption improved. JSW Steel’s sales increased by 5.5% q-o-q and 7.5% y-o-y to 5.59 mnt in Q3 on the back of strong domestic procurement. Exports constituted 8% of the company’s sales during this quarter.


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