Jindal Steel and Power Ltd (JSPL) said that its steel production for the financial year 2020 was 8.17 million tonne whereas the sales stood at 7.92 million tonnes.
For the year 2018-2019, the consolidated steel production was 7.30 million tonne while the sales stood at 7.22 million tonne. The company registered a growth of 12 percent in output and 10 percent in sales for the fiscal year 2019-2020.
The company said ,” this is the highest annual crude steel production and sales figure”.
In oman, JSPL’s subsidiary Jindal Shadeed Iron and Steel (JSIS) produced 1.87 MT steel, an increase by 9 per cent, and sales were at 1.88 MT, up by 4 per cent.
The company said that the rail mill at Raigarh registered a record production of 5.7 lakh tonne during financial year 2019-20 whereas the plate mill in Raigarh achieved highest ever production at 9.47 lakh tonnes during the Financial Year 2020.
News source: Business Standard
