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Jindal Steel & Power posts 36% rise in domestic crude steel production in Q1
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Jindal Steel & Power posts 36% rise in domestic crude steel production in Q1

Press Trust of India • July 3, 2018, 13:11:37 IST
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Private steel maker Jindal Steel & Power ( JSPL) on Tuesday reported a 36 percent rise in the domestic crude steel production to 1.23 million tonnes (MT) for the quarter ended 30 June

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Jindal Steel & Power posts 36% rise in domestic crude steel production in Q1

New Delhi: Private steel maker JSPL on Tuesday reported a 36 percent rise in the domestic crude steel production to 1.23 million tonnes (MT) for the quarter ended 30 June. [caption id=“attachment_3997037” align=“alignleft” width=“380”]Representational image. Reuters. Representational image. Reuters.[/caption] The company had clocked production of 0.90 million tonnes in the year-ago period. “JSPL also recorded a 46 percent growth in domestic sales during first quarter of 2018-19 to 1.18 million tonnes, up from 0.81 million tonne in the first quarter of the previous fiscal,” Jindal Steel and Power (JSPL) said in a statement. In India, the company has two integrated steel plants in Raigarh and Angul. JSPL had posted quarterly crude steel production at 1.26 million tonnes as of 31 March, 2018.

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