Steel Authority of India (SAIL) has posted 5 percent increase in its crude steel production to 19.2 million tonne (MT) for the financial year 2023-24 (FY24). The company’s hot metal output also rose 6 per cent to 20.5 MT for FY24. The company has recorded a 7 per cent rise in saleable steel output to 18.4 MT in FY24 as compared to FY23. The company achieved its highest-ever sales volume of 17.1 MT during FY24, up 5 per cent year-on-year.
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.
