The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Couple of questions. First is, how should one look at the state of overseas subsidiaries, with steel continues to be on a going concern basis. How
should one understand it, given there are significant investments in overseas subs from the stand-alone entity?
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Sir, do we have any plans over here? Any quantifiable numbers either on production or on a sustained basis, how should one look at the operating
metrics?
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AUGUST 10, 2021 / 12:00PM, JNSP.NS - Q1 2022 Jindal Steel And Power Ltd Earnings Call
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: My second question is on raw material sufficiency. One is you indicated that coking coal prices has moved up pretty sharply from $90 to $220. So
what does it mean for JSPL's cost curve in the forthcoming quarters given Sarda ore is also done with? Do you see the price increase to be
commensurate enough to ensure that the spreads remain at current levels? Or are we...
(technical difficulty)
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Yes. And the second question is, we have highlighted incremental expansion plans of 6 million tonnes. What is our strategy on iron ore security if
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Yes, sir. And on the coking coal cost inflation, how should one understand the cost increase in Q2 and Q3 given spot prices have moved up
substantially? Do you see you will have enough price increases to offset this?
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AUGUST 10, 2021 / 12:00PM, JNSP.NS - Q1 2022 Jindal Steel And Power Ltd Earnings Call
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