JSPL November steel output up 10%

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Bhubaneswar : Jindal Steel and Power (JSPL) reported 10 percent Year on Year (YoY) growth in steel production to 6.74 lakh tonnes in November as compared to 6.14 lakh tonnes of steel production in the same month previous year.

JSPL’s November 2021 Steel sales were lower by 5% Y-o-Y at 5.39 lakh tonnes due to non-availability of Indian Railway rakes on demand.

“We are gearing up to achieve our annual target of 8.0-8.2 Million tonnes of Steel production.We are confident we will achieve the overall targets”, said Mr V R Sharma, Managing Director, JSPL in a statement.

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