VR Sharma on JSPL's highest sale record in FY21 | The Market | ET Now
Автор: ET Now
Загружено: 2021-04-06
Просмотров: 876
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Amid the global surge in steel prices, JSPL has managed to record the highest ever output and sales in FY21. There has been a surge in steel prices, new debt reduction plans, and much more. JSPL MD, VR Sharma on The Market shares his outlook. He says that China has shown a V-shaped recovery that has led to commodity inflation and for this Commodity inflation to cool down, it may take a few years. Meanwhile, the steel demand here has been shocking amid the global slump. JSPL stands ready to export Steel if India demand slips and there Still have room to increase production by 1.5 mn in and so JSPL remains confident of hitting Rs 15000 cr EBITDA level in FY22. Listen to the full conversation to know more!
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