Indian state-run steel producer Steel Authority of India Limited (SAIL) achieved crude steel production of 4.8 million mt in the third quarter (October-December) of the fiscal year 2023-24, a two percent rise over the corresponding quarter of the previous fiscal year, and its steel sales were reported at 3.8 million mt, marking a 10 percent decline year on year, according to a company regulatory filing on Thursday, February 15.
The company reported saleable steel production at 4.6 million mt, a five percent rise year on year.
SAIL’s product mix comprised flats at 51.8 percent, longs at 34.5 percent and semis at 13.7 percent.