JSPL Posts record Crude Steel Production in March
March 2018 Crude Steel production at 0.45 MT, up by 55%
New Delhi : With the recently completed Basic Oxygen Furnace (BOF) at 5 MTPA Integrated Steel plant at Angul going operational, Jindal Steel and Power Limited (JSPL) has posted its lifetime highest monthly crude steel production in the month of March 2018. With a steel production of 0.45 Million Tonnes in March in India, at its integrated steel plants in Raigarh and Angul, JSPL also achieved its highest ever quarterly steel production at 1.26 Million Tonnes in Q4 FY 2017-18. JSPL also posted its highest ever monthly and quarterly sales by achieving 0.45 M in March and 1.18 MT during January — March (Q4) 2018. The figures do not include the crude steel production at Jindal Shadeed, Oman.
“The production figures of Q4, and particularly during March 2018 are an encouraging milestone for our asset sweating roadmap. With the 250 MT Basic Oxygen Furnace (BOF) going operational in end December 2017, we are in a position to progressively harness the full capacity levels of our 3.2 MTPA Bla”st Furnace”, Mr. N.A. Ansari, CEO — Steel, JSPL said. “W’e are looking at surpassing all our performance records with every passing quarter of FY 2018-19 by achieving 85°/« plus capacity utilization levels at Angul in 3-4 months time. JSPL is fully geared up to script a new chapter of growth during FY 2018-19″, he added.