Jindal raises finished steel, pellet output in Q4 2017

India’s Jindal Steel & Power (JSPL) increased its finished steel and iron ore pellet production output year-on-year in October-December 2017, and raised its earnings for the quarter by nearly 26%, it said on Wednesday January 25.

JSPL produced 1.39 million tonnes of finished steel at its production facilities in India and Oman in the fourth quarter of 2017, up by 20.87% year-on-year from 1.15 million tonnes in the corresponding period in 2016.

Its finished steel sales volumes totaled 1.36 million tonnes in the last quarter of 2017, up from 1.16 million tonnes...

Published

Viral Shah

January 25, 2018

17:15 GMT

London