MoneyWorks4Me

SAIL eyeing steel production target of 21 MT by FY21

09 Mar 2018 Evaluate

Steel Authority of India (SAIL) is eyeing steel production target of 21 million tonnes (MT) by 2020-21. The company had produced 14.496 MT of crude steel during 2016-17. The company’s modernisation and expansion programme will enable it to enormously increase its capacity and produce high margin products particularly from its new mills and market them.

SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.


Peers
Company Name CMP
JSW Steel 1241.60
Tata Steel 182.50
Steel Authority 172.75
Jindal Stainless 726.70
APL Apollo Tubes 2061.15
View more..