MoneyWorks4Me

SAIL to commence manufacturing of special quality rails in two years

02 Dec 2019 Evaluate

Steel Authority of India (SAIL) is planning to commence manufacturing of special quality rails for high-speed train corridors and metro projects from its Bhilai Steel Plant (BSP) in Chhattisgarh and IISCO Steel Plant at Burnpur in West Bengal, in the coming two years. With more strength than the normal rails, the speciality product is used in metro rail projects and high speed train corridors.

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 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
View more..