Tag: pellet sales decline India
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India: Jindal SAW’s pellet output, sales drop sharply y-o-y in Q1FY’26
Jindal SAW recorded pellet production of 321,000 t in Q1FY’26, down 25% y-o-y as compared to 426,000 t in Q4FY’25. The company produced 1.65 mnt of pellets in FY’25. Meanwhile, total sales were recorded at 222,000 t in Q1FY’26, a decline of 46% compared to 413,000 t in the last quarter of FY’25. The drop…