Steel Authority of India (SAIL) has registered positive growth in steel production for the month of July 2013 as compared to the same month last year. The production of saleable steel stood at 1.08 million tonnes (MT) during the month was up by 3% over as compared to the same month last year.
Owing to the company’s renewed focus on controlling internal costs, techno-economics parameters of production, it continued its upward trend with energy consumption and Blast Furnace productivity showing improvement of 1% and 2% respectively.
SAIL’s modernization and expansion programme (MEP) continues to be implemented on high priority. The cumulative orders worth Rs 58,579 crore were placed and an expenditure of Rs 46,064 crore incurred until June 2013.
