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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).

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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