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SAIL’s production stood at 7.2 MT during April-October period

07 Nov 2012 Evaluate

Steel Authority of India (SAIL), has exceeded the target so far for the current fiscal and has produced 7.2 million tonnes (MT) saleable steel during the April-October period compared to 7 MT saleable steel during the April-October period of the last fiscal.

The production of hot metal and crude steel stood at 8.4 MT and 7.9 MT respectively, registering a growth of 3% over the corresponding period last year.

For the month of October, the company recorded 4% growth in hot metal while the crude steel and saleable steel production recorded growth of 2% each over the same period last year. The production of hot metal, crude steel and saleable steel for month of October stood at 1.2 MT, 1.14 MT and 1.01 MT respectively.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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