JSPL records domestic steel production of 1.23 million tonnes in Q1 FY2019

Jindal Steel & Power has recorded Highest Ever First Quarter Domestic Steel Production during April - June 2018. The domestic crude steel production at JSPL's integrated steel plants at Angul and Raigarh during the quarter April - June 2018 clocked a record 1.23 Million Tonnes, i.e. a rise of 36% from 0.90 Million Tonne, a year ago. JSPL also recorded a 46% growth in domestic sales during Q1 2018-19 to 1.18 Million Tonnes, up from 0.81 Million Tonne in Q1 of the previous fiscal. The 9 MTPA Pellet Plant also recorded its highest ever production during the month of June 2018, bettering all its previous records.

On the global front, Jindal Shadeed - JSPL's subsidiary in Oman, also recorded the best ever quarter in its history, clocking its highest ever crude as well as finished steel production and sales during April - June 2018. On 24th June 2018, Jindal Shadeed's 1.5 MTPA Bar Mill - the largest in the world, set a new world record of highest single day production of over 5000 Metric Tonnes by any Bar Mill world over.

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