India’s SAIL achieves 5% rise in crude steel output in FY 2023-24

Tuesday, 02 April 2024 14:50:51 (GMT+3)   |   Kolkata

Indian state-run steel producer Steel Authority of India Limited (SAIL) achieved crude steel production of 19.2 million mt in the fiscal year 2023-24, up five percent from the previous fiscal year, a company statement said on Tuesday, April 2.

The company reported saleable steel output at 18.4 million mt, up seven percent, while total sales were reported at 17.1 million mt, up five percent year on year and the highest sales volume recorded in any year.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.


Similar articles

NBCC India Limited invites bids for construction of solar power project at Bokaro steel mill

17 Dec | Steel News

SAIL’s Rourkela steel mill sees 1% rise in crude steel output in Nov 2025

17 Dec | Steel News

SAIL’s Bhilai mill achieves highest-ever crude steel output in FY 2023-24

16 Apr | Steel News

SAIL inks pact with Sentra World to cut carbon emissions at Durgapur mill

02 Apr | Steel News

India’s SAIL achieves 2% rise in crude steel output in Q3 FY 2023-24, sales down 10%

15 Feb | Steel News

SAIL’s Rourkela mill sees highest-ever crude steel output in Apr-Oct

06 Nov | Steel News

SAIL reports 8% rise in crude steel output in Q1 FY 2023-24

05 Jul | Steel News

SAIL achieves highest-ever crude steel output in FY 2022-23

03 Apr | Steel News

SAIL reports 79% decline in net profit in Q1 FY 2022-23

11 Aug | Steel News

SAIL’s Rourkela steel mill sees record crude and finished steel outputs in April-July

08 Aug | Steel News