SAIL posts eight percent rise in crude steel output for FY 2018-19

Thursday, 04 April 2019 14:51:48 (GMT+3)   |   Kolkata
       

Indian state-run steel producer Steel Authority of India Limited (SAIL) recorded its highest-ever crude steel production of 16.3 million mt during the fiscal year 2018-19 (ended March 31), notching a growth of eight percent over the previous fiscal year, according to data released by the company.

According to SAIL, its total finished steel output during the fiscal year 2018-19 totaled 14.86 million mt.

SAIL said that it aims to achieve 21 percent growth in its crude steel production in the fiscal year 2019-20.


Similar articles

Indian government mulls consortium of state companies to build infrastructure in Mongolia to import coking coal

26 Apr | Steel News

India’s Sandur Manganese to acquire controlling stake in Arjas Steel

26 Apr | Steel News

Ex-India pellet prices surge amid high volatility and renewed restocking

26 Apr | Scrap & Raw Materials

SAIL’s Bokaro steel mill inks pact with DVC to meet higher electricity demand

25 Apr | Steel News

Ex-India billet prices stable, sellers still hope for improvement amid stable local demand

24 Apr | Longs and Billet

India’s RINL floats export tender for 30,000 mt of billet for early June shipment

22 Apr | Longs and Billet

Refractory maker Vesuvius India to invest $120 million to ramp up capacities

22 Apr | Steel News

Local Indian HRC trade prices rise amid as mills plan maintenance shutdowns

22 Apr | Flats and Slab

Ex-India pellet prices improve, sellers hold back expecting further rises

19 Apr | Scrap & Raw Materials

India’s KFIL restarts mini-blast furnace at its Hiriyur steel mill

19 Apr | Steel News