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By Neha Arora NEW DELHI Jan 31 Reuters - India\s Jindal Steel and Power Ltd JSP has received a flurry of enquiries from European buyers seeking finished steel products indicating an uptick in exports in the current quarter through March a senior company executive said on Tuesday. His comments come after JSP reported a nearly 68% drop in profits for the quarter ended Dec. 31 hit by the government\s decision to levy an export tax in May last year on some steel intermediates and a fall in global demand. "We did see some increase in the order book and a lot of enquiries from Europe" Bimlendra Jha managing director of Jindal Steel and Power told Reuters in an interview. Hit by the government\s decision to levy the export tax India\s overall exports of finished steel more than halved during the first nine months of the fiscal year that began in April 2022. That sharp drop forced the government to lift the export tax in November but steel companies have complained about a loss of sh |
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