JSPL records highest ever Production & Sales in December 2020

Jindal Steel & Power (JSPL) Ltd on Monday reported its production volumes for December 2020 and said that it has achieved the highest ever Production & Sales in December 2020. JSPL Steel operations have reported their highest ever monthly production volumes with 7.27 lakh tonnes during December 2020.

JSPL's integrated steel plant in Angul reported the highest ever monthly production to 4.16 lakh tonnes, JSPL's Raigarh steel plant also reported the highest monthly production to 3.11 lakh tonnes. JSPL also reported the highest ever monthly sales of 7.11 lakh tonnes in December 2020.

The Company posted a record standalone Steel production of 19.3 lakh tonnes in Q3FY21 compared to 16.1 lakh tonnes in Q3FY20. JSPL's Standalone Steel sales also increased by 12% (Y-o-Y) to 18.8 lakh tonnes in Q3FY21 compared to 16.7 lakh tonnes in Q3FY20. JSPL's Steel exports increased by 18% (Y-o-Y) to 3.87 lakh tonnes in Q3FY21 contributing 21% to the total sales volumes.

Mr. V R Sharma, Managing Director, JSPL, said, "We are proud of our dedicated workforce who achieved such an extraordinary increase in the production with existing capacity by way of optimizing various operating parameters without any Capex. We will achieve even greater heights in times to come."