9,306.96 TRY BIST 100 BIST 100
43.49 EUR EUR EUR
38.44 USD USD USD
5.30 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
47.36 TRY Interest Interest
65.20 USD Fossil Oil Fossil Oil
40.76 USD Silver Silver
4.86 USD Copper Copper
98.44 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,098.32 TRY Gold (gr) Gold (gr)

Steel pipe producer JTL Industries increases sales by 54%

Steel pipe producer JTL Industries recorded sales of 1.59 lakh metric tons (LT) in the April-September period of the ongoing fiscal, up by 54.66%.

Steel pipe producer JTL Industries increases sales by 54%

JTL Industries attributes this impressive sales increase to growing demand in both domestic and international markets. According to a company statement, sales of 1.02 lakh tons were recorded in the first half of FY23, while 52,101 tons were sold in the second quarter of FY24.

Value-added product sales are also noteworthy, with sales rising from 40,221 tons in the first half of FY23 to 60,708 tons in the first half of FY24.

"This quarter, we recorded our highest ever quarterly sales volume during Q2 FY2023, reflecting the continued patronage of our domestic and international customers. We also achieved an important milestone by recording our highest ever first half sales volume, demonstrating a strong growth rate," a company spokesperson said.

International sales also increased, with sales of 4,393 tons in Q24, up 14.49 percent from 3,837 tons in Q2 2023.

JTL Industries aims to sustain this growth in steel pipe production and continue to expand with future projects.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Why Should You Attend Steel Summit 2025?

Tuesday, April 29, 2025

KARDEMİR increased its production in 2024, 2025 target is 2.5 million tons of sales

Tuesday, April 29, 2025

Egypt launches protective measures against hot-rolled flat steel imports

Monday, April 28, 2025

China captures Germany's share in EU markets

Monday, April 28, 2025

Massoud Steel to establish first metal container factory in SCZone

Monday, April 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now