Indian steelmaker Jindal Steel & Power (JSPL) announced its highest-ever quarterly sales, steel production and earnings in the second quarter of its 2020/2021 financial year, over July-September 2020.
In briefThe company's steel exports fell by 17.8% quarter on quarter to 740,000 tonnes in the company's second quarter, amid stronger ferrous demand from India's domestic market.Exports constituted 38% of all JSPL sales in the July-September period, down from 58% in the previous quarter. The company achieved a standalone before interest, taxes, depreciation, and amortization (Ebitda) of 24.35 billion rupees ($327 million) in the second quarter,...