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SAIL registers 8% growth in April- September sales

03 Oct 2013 Evaluate

Steel Authority of India (SAIL), the country’s largest steel producer, has registered a growth of 8% in its April- September period sales at 5.7 million tonnes (MT) over the same period last year. Meanwhile, the company witnessed an increase of 37% in steel exports, with 1.9 lakh tonnes achieved in first half of 2013-14, as against 1.37 lakh tonnes in the same period of 2012-13 fiscal.

Further, the company’s blast furnace ‘Durga’, the largest in the country at Rourkela Steel Plant, set up in August this year is under stabilisation. Built at an expenditure of about Rs 1,600 crore, the furnace will increase SAIL’s hot metal capacity by 2.5 million tonnes per annum (MTPA).

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