JSPL, one of the major steel producers in India, posted resilient set of numbers in Q1 FY22. Demand in the overseas market was robust with Indian mills focusing on countries in the Middle East, Gulf and European Union which has led to exports at 34% of total sales in Q1. It is to be noted that total sales volumes were at 1.61 mn t in Q1 FY 22. Last year,due to Covid cases and lockdowns in India, the company exported around 70-80% of its production.
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