LMM Global Steel Information Quick View (2021.10.27)
India’s JSW 2021-22 fiscal year second quarter net profit hits a record high
India’s leading steel producer JSW reported that its net profit in the second quarter (July to September) of the 2021-22 fiscal year reached a record high of 53.93 billion rupees (US$718 million). During this period, total revenue also hit a record high, reaching 280 billion rupees (3.73 billion US dollars).
In addition, JSW’s crude steel output in the second quarter totaled 4.1 million tons, and steel sales reached 3.78 million tons.