New Delhi, August 19, 2023: Steel Authority of India Limited (SAIL) declared its financial results for the quarter ending 30th June, 2023. The Key highlights of financial results are mentioned below: Performance of Q1 FY 2023-24 (Standalone) at a glance: Unit Q1 2022-23 Q4 2022-23 Q1 2023-24 Crude Steel Production Million Tonne 4.33 4.95 4.67 Sales Volume Million Tonne 3.15 4.68 3.88 […]
Tag: SAIL
SAIL clocks its best ever Quarter 1 performance
New Delhi, July 13, 2023: Steel Authority of India Limited (SAIL) has achieved record-breaking performance in the first quarter of the financial year 2023-24 (Q1 FY24) in terms of production and sales. The production of hot metal, crude steel, and saleable steel of 5.037 million tonnes (MT), 4.667 MT, and 4.405 MT, respectively, marked the […]
SAIL achieves all-time best annual production in Financial Year 2022-23
New Delhi, April 14, 2023: The Steel Authority of India Limited (SAIL), a Maharatna public sector unit under the Ministry of Steel, has achieved the best ever annual production during the financial year 2022-23 ending on 31 March 2023. During the period, SAIL recorded 19.409 Million Tonnes (MT) of hot metal and 18.289 MT crude […]
INS Vikrant constructed with SAIL’s specialty steel
New Delhi, September 05, 2022: Steel Authority of India Limited (SAIL), a Maharatna PSU, has supplied the entire DMR grade specialty steel for the nation’s first indigenously built Aircraft Carrier INS Vikrant. In a major feat and towards building an ‘Atmanirbhar Bharat’, SAIL has supplied about 30000 Tonnes of the specialty steel for building this first swadeshi Aircraft […]
SAIL posts 7% growth in Crude Steel production, Records 2.7% growth in sales
New Delhi, December 4, 2020: Steel Authority of India Limited (SAIL) reported a growth of 7% in its crude steel production during November’20 (1.417 MT) over CPLY (1.328 MT). The production in its 05 Integrated Steel Plants (ISPs) stood at 1.402 Million Tonnes (MT) in Nov’20 as against 1.303 MT during November 19. On the sales […]
SAIL to supply 10 lakh tonnes of steel for railways track in 2018-19
Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works. Railways have indicated its demand of approximately 14 lakh tonne during 2018-19 and 17 lakh tonne in […]
The Maharatna behind Bogibeel Bridge
Bogibeel Bridge is evoking a lot of curiosity. But did you know who supplied the major portion of the steel used in the Bogibeel Bridge? Steel Authority of India Limited (SAIL) supplied around 35400 metric tonnes of steel for the construction of Bogibeel Road-cum-Rail Bridge on the river Brahmaputra. This quantity is little more than […]
SAIL lands face encroachment, draw minister’s ire
Minister of Steel, Chaudhary Birender Singh, chaired a meeting on land issues in New Delhi yesterday. The Minister expressed serious concern over encroachments of land in different Plants and Units of SAIL (Steel Authority of India) in the country. He said that all encroachments need to be removed on priority basis for the next phase […]
Value addition in entire system can be a game changer for SAIL
Focusing predominantly on value added products, Steel Authority of India Ltd. (SAIL) is looking forward to offer an array of differentiated and quality products in market while focusing on value along with volume. During interaction with employees at SAIL’s Durgapur Steel Plant (DSP) on Tuesday, Chairman, SAIL, PK Singh said, in the prevailing stiff market […]