Steel Authority of India’s (SAIL) production rose by 7% in August 2012 and stood at 1.16 million tonnes (MT) compared to the corresponding period of last year. For last couple of month world over, the production levels have stagnated while the company’s production has risen.
The company’s production month-on-month basis has however, gone down little bit at 1.2 MT in July. In August, the company’s blast furnace productivity, which is a critical parameter of production efficiency was up by 9% last month over performance in August, 2011.
The company’s production during April-August period stood at 5.65 MT, up by 3% over the same period of last fiscal.