India

JSPL’s Angul Plant in Odisha Records Highest Production Of Hot Metal In April

New Delhi: The steel plant of Jindal Steel and Power Limited (JSPL) at Angul in Odisha recorded the highest ever production of 298,000 MT of hot metal during April 2020.

At a time when the entire nation is under the lockdown, the 6 MTPA integrated plant of the steel major maintained an average production of 10,000 MT on a working day basis. The JSPL also registered the highest ever exports of 248,000 MT of steel & related products during the month with a growth of 109%. The export contributed to 74% of its total sales volume.
The company reported 5% growth in the production of steel and granulated pig iron to 550,000 MT and 655,000 MT of consolidated steel in April.

Attributing the achievement to the entire team, VR Sharma, Managing Director, JSPL said, “JSPL has effectively addressed the domestic demand situation and formulated Business Continuity Strategy and subsequently secured full export order to ensure continuous operation of its plant.”
“Even during the COVID  crisis, JSPL exported steel to China, Malaysia, Germany, Spain, Italy, Denmark, France, Saudi  Arabia, Oman, Qatar, and UAE. We are also catering to the prestigious export order of Rail  blooms from France for high-speed railways,” Sharma  said.
JSPL recorded consolidated sales of 456,000 MT during April. JSPL’s Oman Steel plant reported 106,000 MT of steel production while steel sales stood at 120,000 MT in the month.
JSPL has also developed R 260 Grade of rails for Indian Railways. These rails have carriage capacities of 75 ton per wagon compared to 64 ton per wagon for ordinary rails.

OB Bureau
Share
Published by
OB Bureau

Recent Posts

Champions Trophy: Virat Kohli (100*) Masterclass Floors Pakistan; Check Milestones He Conquered

Dubai: ODI cricket, Pakistan – they bring out the best in Virat Kohli. The Dubai… Read More

19 minutes ago

3 Arrested For Looting Govt Official By Using Toy Gun In Odisha

Cuttack: Three criminals were arrested by Choudwar police in Odisha’s Cuttack district for allegedly looting… Read More

43 minutes ago

ISL: 10-Man Odisha FC Go Down 0-1 To Toppers Mohun Bagan Via Injury-Time Goal

Kolkata: Odisha FC fought gallantly in the lion’s den but finally returned empty-handed. Up against league… Read More

59 minutes ago

Caught Using AI To Solve Maths Problem, Class X Board Exam Candidate Loses A Year!

Kolkata: A West Bengal secondary board exam (Madhyamik) candidate recently took Artificial Intelligence (AI) to… Read More

1 hour ago

4th Batch Of Illegal Immigrants Back: 12 Indians Deported From US To Panama Arrive At Delhi’s IGI Airport

New Delhi: A fourth batch of Indian nationals deported from the US arrived at Indira… Read More

2 hours ago

Record 6.82 Lakh Olive Ridley Turtles Visit Odisha’s Rushikulya River Mouth For Mass Nesting

Berhampur: Rushikulya river mouth in Odisha’s Ganjam district has emerged as a major rookery for… Read More

2 hours ago