Jindal Steel to lift output amid increased demand
2019-11-28 15:44:16 [Print]
India's Jindal Power and Steel (JSPL) plans to raise its crude steel output to 8.5mn tons during the 2020-21 fiscal year ending 31 March on expectation of increased demand from infrastructure projects.
JSPL expects to produce 6mn tons of crude steel in 2019-20, JSPL managing director VR Sharma said.
The company in April refurbished its blast furnace at it's 6mn t/y Angul works in east India's Odisha state. The refurbished furnace is expected to produce 9,200 t/d of pig iron in 2020-21, up from current output of 7,000 t/d.
The company expects to increase its total supply of rail for domestic and global orders by 17% to 700,000t in 2020-21 from 600,000t in 2019-20. JSPL operates a 1mn t/y rail steel mill at its 3.6mn t/y integrated steel plant at Raigarh in east India's Chhattisgarh state.
JSPL expects to produce 6mn tons of crude steel in 2019-20, JSPL managing director VR Sharma said.
The company in April refurbished its blast furnace at it's 6mn t/y Angul works in east India's Odisha state. The refurbished furnace is expected to produce 9,200 t/d of pig iron in 2020-21, up from current output of 7,000 t/d.
The company expects to increase its total supply of rail for domestic and global orders by 17% to 700,000t in 2020-21 from 600,000t in 2019-20. JSPL operates a 1mn t/y rail steel mill at its 3.6mn t/y integrated steel plant at Raigarh in east India's Chhattisgarh state.
