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SAIL reports 4% growth in production of value-added steel

17 Apr 2013 Evaluate

Steel Authority of India (SAIL) has reported 4% growth in its production of value-added steel to over 5 million tonnes (mt) in 2012-13 fiscal against 4.83-mt in 2011-12. The entity has increased its output as it added several new products in its portfolio. State run firms energy consumption grew 3% last fiscal, while its blast furnace productivity was up 5%.

Recently, SAIL has entered into memorandum of understanding (MoU) with Kerala State Industrial Development Corporation (KSIDC) and Kerala Minerals and Metals (KMML).

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