SAIL surpasses previous best with 1.72 MT crude steel production in Jan 2023
Steel Authority of India in January 2023, recorded the highest monthly production of Hot Metal, Crude Steel, and Saleable Steel in history.
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Bhilai steel plant hits 1 million tonnes plate production mark in FY23
Besides Bharat Heavy Electricals (BHEL), the Indian Railways and two private infrastructure companies had placed bulk orders
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Three SAIL projects worth over Rs 1,500 cr face delay: Faggan Singh Kulaste
According to the minister, installation of new sinter plant is being done at an investment of Rs 1,111 crore, while rebuilding of coke oven battery (COB) 8 is being carried out for an investment of Rs 285 crore at SAIL''''''''s steel plant in Bokaro, Jharkhand. Another modification in the washing circuit of CSW plant of Dalli mines is underway at Rs 168 crore at Bhilai Steel Plant, Kulaste informed the Upper House.
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SAIL’s Rourkela steel mill achieves highest ever crude steel output in April-November
RSP also recorded highest ever finished steel production of 2.467 million mt during the period.
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SAIL sends 4k tonnes TMT bars for bullet train project in Chhattisgarh
The fresh TMT bars are 9 metres in length and 16 mm in diameter. These were produced at the plant''''''''s modern Bar and Rod Mill, which has so far supplied more than 3,000 TMT bars
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SAIL’s Rourkela mill produces 0.3 mm thin GP sheets for first time
First consignment of 50 mt of 0.3 mm GP sheets was made and dispatched from its cold rolling mill (CRM), and the new product will enable the mill to cater to a broader market segment including packaging and ductings.
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SAIL’s Rourkela mill produces 0.3 mm thin GP sheets for first time
First consignment of 50 mt of 0.3 mm GP sheets was made and dispatched from its cold rolling mill (CRM), and the new product will enable the mill to cater to a broader market segment including packaging and ductings.
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SAIL expects Q3 realisations to sustain at Q2 levels due to lower coal cost
SAIL is expecting some benefits of lower coking coal price to accrue in its Q3 numbers (October- December), but overall realisations may not change much over Q2, Ánil Kumar Tulsiani, the company’s Director (Finance) said.
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SAIL becomes the first Maharatna PSU to get ABMS Certification
Steel Authority of India Limited (SAIL) has achieved the distinction of becoming the first Maharatna Public Sector Unit to have implemented the Anti-Bribery Management System (ABMS).
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SAIL-IISCO Steel Plant has signed a contract with M.N. Dastur & Co. (P) ltd for preparation of Pre-feasibility Report and Detailed Project Report for new stream expansion of SAIL-ISP.
The project will be a pioneering first step in meeting the targets of Steel Authority of India Limited in line with National Steel Policy 2017, SAIL VISION 2030 with an aim to expand its capacity to 50 MT of crude steel by 2030.
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SAIL RSP Blast Furnace No. 5 sets new standards in India
New records were set for production levels up to 7550 tpd as well as fuel rates, with coke rates as low as 370 kg/tHM and PCI rates over 160 kg/tHM
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SAIL-BSP long-awaited project has reached its first milestone
SAIL-BSP achieved a milestone to enable the transport of Iron ore from Rowghat to Bhilai Steel Plant
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SAIL records Q2 net loss of Rs 386 cr
Steel Authority India (SAIL) reported standalone net loss of Rs 385.82 crore in Q2 FY23 as compared to a net profit of Rs 4,303.62 crore in Q2 FY22
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SAIL, RSP sets new record in Pipe Plant
The Pipe Plant collective of SAIL, Rourkela Steel Plant has proved its potential and tenacity by achieving the All Time Best Daily Spiral Weld Pipe production of 377 Tons on Saturday.
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SAIL 50th AGM: Chairman highlights the achievements during FY22
SAIL has posted its best-ever production performance by producing 18.733 million tonnes (MT) of hot metal and 17.366 MT of crude Steel during FY’22.
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Indian government gets applications from 75 steel firms for inclusion in PLI Scheme
The sources said that the 75 applicants include Jindal Steel and Power Limited, JSW Steel Limited,, ArcelorMittal Nippon Steel Limited, Steel Authority of India Limited (SAIL) and Tata Steel.",
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How the Ukraine war is making Indian Railways literally reinvent the wheel to become self-reliant
n a first, the country’s largest transporter, Indian Railways, has floated a tender inviting the private sector to set up a state-of-the-art plant for manufacturing 80,000 wheels for semi-high-speed trains.
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INS Vikrant: SAIL supplied 30000 Tonnes of DMR Plates
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 Carrier for Indian Navy which will be commissioned on 02nd September, 2022 at Cochin Shipyard Ltd.
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भिलाई इस्पात संयंत्र को मिली संजीवनी, रावघाट माइंस की राह हुई आसान, भिलाई पहुंचा लौह अयस्क
बीएसपी ने नक्सल प्रभावित क्षेत्र नारायणपुर के रावघाट माइंस प्रोजेक्ट का पहला चरण पूरा कर लिया है। अब रावघाट माइंस से भिलाई इस्पात संयंत्र को लौह अयस्क (Iron Ore) की आपूर्ति हो सकेगी।
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Hot Strip Mill-2 of RSP registers highest single day HR coil production
The Hot Strip Mill–2 of Rourkela Steel Plant (RSP) has registered the record single day HR Coil production on September 10 last
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SAIL eyes improved profitability as imported coal prices dip
SAIL expects post-monsoon pick-up in domestic demand
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SAIL Q1 results: Net profit declines 79% to Rs 804 cr; revenue rises 16%
SAIL Q1 results: Net profit declines 79% to Rs 804 cr; revenue rises 16%.
The company said its crude steel output was at 4.33 million tonne, up from 3.77 MT in same quarter of the preceding financial year
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SAIL Q3 net profit rises 4% to Rs 1,529 crore
SAIL said it has delivered one of its best physical performances during the quarter as well as nine months ended December 31, 2021.
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Union budget envisages public investment, capital spending by govt: SAIL Chairperson
Lauding the Union Budget 2022-23 tabled by Finance Minister Nirmala Sitharaman in Parliament on Tuesday, Chairperson of Steel Authority of India Limited (SAIL), Soma Mondal, said the budget envisages higher public investment and capital spending by the government.
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Steel Authority of India’s Central Marketing Organization selects HPE GreenLake to modernize critical SAP Environment and Data Management
India’s largest steel producer deploys HPE GreenLake edge-to-cloud platform to accelerate digital transformation and reduce the environmental footprint
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Amid muted demand, lower debt helps SAIL
The company’s employee cost is expected to rise, though SAIL has been provisioning regularly for higher wage expenses.
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SAIL supplied 48,200 tonnes of steel for Purvanchal Expressway
Steel Authority of India Ltd. (SAIL) has supplied 48,200 tonnes of steel for the 341 km long six-lane wide Purvanchal Expressway.
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Costly coking coal hurts Indian steel makers
Companies who have announced results for the second quarter have reported higher EBIDTA and net profit compared with the first three months of the fiscal
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Anand Raj from SAIL Bokaro wins national finals of Tata Crucible Quiz
The 18th edition of Tata Crucible Corporate Quiz, India’s largest and coveted business quiz, conducted in an online format, successfully concluded with the national finals. Anand Raj from SAIL Bokaro Steel Plant emerged as the national winner with the grand prize of Rs 2,50,000 and took home the coveted Tata Crucible trophy.
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SAIL reports highest Profit in last ten years
SAIL posted its highest ever EBITDA of Rs 13740 Crore which was higher by ~23% over CPLY
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Sail to lift hot metal output at steel plant
State-controlled Steel Authority of India (Sail) plans to raise the hot metal production capacity at its Rourkela steel plant to 4.85mn t/yr from its current 4.50mn t/yr, in line with the country''''''''s national steel policy.
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SAIL aims at reducing net debt to Rs 15,000-20,000 crore in FY22
The Maharatna PSU has around Rs 30,000 crore net debt as of June 30, 2021, down from Rs 35,350 crore by end of the previous fiscal.
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SAIL to invest Rs 4,000 crore in Jharkhand over 3 years, to augment Gua mines capacity to 10 MT
Last month, the domestic major returned to the black, posting a consolidated net profit of Rs 3,897.36 crore for the June 2021 quarter. The company had posted a Rs 1,226.47-crore net loss in the year-ago quarter
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SAIL aims to start next phase of expansion in 2023-24
The public sector unit is currently on the verge of completing a Rs 70,000-crore modernisation and expansion programme. After that, its capacity will go up to 21.4 MTPA
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SAIL Q1 results: Co reports net profit of Rs 3,897 cr
SAIL Q1 results: Co reports net profit of Rs 3,897 cr
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Steel Minister directs SAIL, NMDC, MECON to align their biz activities to remain competitive in market
Steel Minister appreciated the role and contribution of the CPSEs in the Indian steel sector and shared his insights on the way forward for CPSEs.
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Strong steel realizations support SAIL’s profitability, debt reduction prospects
SAIL has been posting losses since 2015-16, mainly on account of slowdown in the sector.
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SAIL issued a new SBD for installing projects
SAIL has revised and issued a new Standard Bidding Document (SBD-2020) for ‘Design, Supply & Installation of Plant & Equipment (Turnkey Basis)’.
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SAIL achieves best ever quarterly production of hot metal, crude and saleable steel in Q3 FY20
It also witnessed a handsome growth over CPLY.
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SAIL observed the National Constitution Day
On this, the Chairman of SAIL read out the preamble with the Hon''ble President of India and with the SAIL personnel later.
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SAIL reports ₹436.5-cr Q2 net
Steel Authority of India Ltd (SAIL) has posted a profit of ₹436.52 crore in Q2 FY21, against a ₹285.92-crore loss in Q2 FY20
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SAIL clocks 21 per cent growth in sales during October 2020 over 2019
The Steel Authority of India Limited (SAIL) clocked 21 per cent growth in sales during October 2020 over the corresponding period in the last year
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SAIL to start commercial production of Head Hardened rails
Public Sector Steel Manufacturer SAIL is planning to commence commercial production of Head Hardened (HH) rails in this fiscal according to its chairman Anil Kumar Chaudhary. HH rails are special rails used in high-speed freight corridors and metro rail projects.
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SAIL reports over 31 per cent growth in Q2 sales
Steel Authority of India Ltd (SAIL) has reported a 31.3 per cent growth in sales during the second quarter of fiscal 2020-2021 over the same period of fiscal 2019-2020.
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Supplied 9,000 tonnes of steel for all-weather Atal Tunnel, says SAIL
SAIL on Friday said it has supplied over 9,000 tonnes of steel for the all-weather Atal Tunnel which reduces the distance between Manali and Leh by 46 kms
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SAIL doubles crude steel production capacity
SAIL has now enhanced its crude steel capacity from 12.8 million tonnes per annum (MTPA) to 21.4 MTPA.
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SAIL reports over Rs 1,226 cr net loss in Q1 due to reduced income
The company had posted Rs 102.68 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a BSE filing
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सरकारी रिफाइनरी में 5 लाख करोड़ का काम, बीएसपी से होगी प्लेट्स की सप्लाई
SAIL-Bhilai continues to meet requirement of plates for petroleum sector. In 2019-20, BSP supplied 5300 T & 5100 T spl boiler quality plates, of thickness above 20 mm & 10-20 mm to oil majors IOCL & BPCL, respectively, for use in ongoing projects
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Rourkela Steel Plant creates records in production, dispatch
Rourkela Steel Plant, a unit of the state-run SAIL, has registered a record monthly production of 3,33,840 tonne of hot metal in August, a statement said on Tuesday. The monthly road dispatch of prime material at 54,183 tonne was also an all-time high
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सेल की आर्थिक हालत सुधरी
अगस्त माह के कैश कलेक्शन -
1. बोकारो इस्पात संयंत्र - 1580.38 करोड़,
2. भिलाई इस्पात संयंत्र - 1216.46 करोड़,
3. राउरकेला इस्पात संयंत्र - 1185.35 करोड़,
4. दुर्गापुर इस्पात संयंत्र - 746.52 करोड़,
5. इस्को-बर्नपुर इस्पात संयंत्र - 773.70 करोड़,
6. सलेम इस्पात संयंत्र - 202.20 करोड़,
7. एलॉय इस्पात संयंत्र - 48.23 करोड़
8. विश्वसरैया आयरन इस्पात संयंत्र - .85 करोड़
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बढ़ेगा सेलकर्मियों का महंगाई भत्ता
वर्तमान समय में कर्मचारियों का डीए 65.8 फीसद है जो अब बढ़कर 69 फीसद हो जाएगा। इसी प्रकार अधिकारियों का महंगाई भत्ता भी 159.9 फीसद से बढ़कर 164.9 फीसद होगी
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SAIL-Bhilai Sets New Record In Continuous Bloom Casting
The total tonnage of blooms cast from 250 heats during this period is 29,190 Tonnes
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SAIL's stockpile of iron ore fines give company opportunity for profit
Profits from the sale of high-grade iron ore fines could help state-owned company reduce debt
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SAIL's July sales up 50 pc to 15.83 lakh tonnes
SAIL attained a sales volume of 15.83 LT in July the company sold 12.73 LT steel in domestic market and exported 3.10 LT steel
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SAIL – The steel Company with a golden heart, in the fight against Corona
Steel Authority of India Limited (SAIL) continues to be at the forefront of India's fight against COVID-19.
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Coronavirus outbreak: Uncertainty looms large over steel's April price hike
In March, companies had increased prices across-the-board by Rs 500-800 a tonne, the fourth in a row, taking the hot rolled coil (HRC) price to Rs 37,000 a tonne. However, companies are not sure whether an increase in April will be possible in the wake of the virus outbreak.
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SAIL, Railways in talks for 15.5 lakh tonne rail order
Country's largest steel-making company, SAIL, under the steel ministry, is in talks with the Indian Railways for an order to supply about 15.5 lakh tonnes of rail in the next financial year.
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SAIL reports Rs.343 crore loss in December qtr
During October-December 2019, the company's total income was Rs.16,714.87 crore as against Rs.15,906.68 crore in the year-ago quarter.Its total expenses were at Rs.17,312.64 crore, higher from Rs.14,937.13 crore in October-December 2018
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SAIL seeks nod from Odisha, Jharkhand to auction 70 MT fines
According to an expert, the iron ore can fetch a price of USD 40-45 a tonne to USD 62 a tonne depending upon the Fe content
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SAIL registered a 35% rise in sales to 16.59 lakh tonne in January 2020
Steel Authority of India Limited registered a 35% rise in sales to 16.59 lakh tonne in January 2020 over the corresponding period last year (CPLY).
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SAIL commissions hot strip mill at Rourkela steel plant
First coil rolled out from new Hot Strip Mill of SAIL-Rourkela Steel Plant
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Anirban Dasgupta appointed as Director Projects & Business Planning of SAIL
Before assuming his current charge, Dasgupta was the Chief Executive Officer (CEO) of SAIL’s Bhilai Steel Plant.
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17 Indian companies on Forbes list, SAIL also makes it
The Steel Authority of India Limited (SAIL) has been named among the five steel producing companies of the world.
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BHILAI STEEL PLANT REGISTERS 37% GROWTH IN PRIME UTS 90 RAILS PRODUCTION
In current fiscal year 2019-20, as on 17th January 2020, the Plant has recorded 9,85,901 Tonnes cumulative production of prime UTS 90 rails, thereby registering growth of 37.6% over the volume of prime UTS 90 rails produced in corresponding period of last fiscal year.
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Write a story on SAIL and win a prize
The nation’s largest steel producing Public Sector Company Steel Authority of India Limited (SAIL) has launched a story writing competition on the theme of “SAIL creates a meaningful difference in people’s lives”. As a part of better people engagement initiative, SAIL is organising this country wide competition to motivate people to pen down stories on SAIL’s contribution on making a meaningful difference in a person’s or generation’s or community’s lives.
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Steel prices set to rise for a fourth time in three months
Steel producers are set for yet another bout of price hike next month, after third successive months of price hike, on the back of strong demand and an increase in input costs.
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SAIL records 47% jump in December sales
The company sold 16.8 lakh tonnes of steel last month.
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SAIL reworks marketing strategy to draw high volume sales in November
SAIL clocks 36% YoY rise in volume sales to 1.40 million tonnes
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SAIL-Bhilai's Plate Mill
Plate Mill has recorded best ever production of 5,358 T of SAILHARD plates in the month of Nov 2019
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Universal Rail Mill
Universal Rail Mill rolls out the world’s longest 130 metre rails in single piece, recorded its best ever performance in Nov'19.
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Universal Rail Mill smashes all previous day records with prodn of 2269 T prime UTS 90 rails on 30 July as against prev best of 2004 T on 23 July 19
Other records include 297 rails NDT tested, prodn of 174 nos. of 130 metre rails & 121 nos of 260 metre welded panels
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SAIL supplied special-quality steel for Chandrayaan-2
SAIL supplied special-quality stainless steel from its Salem Steel Plant for the country's moon mission Chandrayaan-2.
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SAIL seeks takers from across globe for 3 loss-making units, invites EOI
Shortlisted bidders to be intimated on August 8; advisor SBI Caps says no debt taken for any of the units will be transferred
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SAIL is eyeing Rs 79,000 cr turnover this fiscal: Anil Kumar Chaudhary
Improvement in operational parameters and cost reduction helped Steel Authority of India Ltd (SAIL) post healthy profits despite a fall in prices.
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SAIL posts net profit of Rs. 2178.82 crore in FY 2018-19
Last year SAIL slimmed the losses by around 83% in FY18, the Profit After Tax on standalone basis improved to Rs. (-) 482 Crore from Rs. (-) 2,833 Crore in FY17.
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SAIL Q4 net profit falls 42% to Rs 468 cr
The company had posted a standalone net profit of Rs 815.57 crore in the corresponding quarter previous fiscal
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SAIL launches new brand of TMT bars
The production of these TMT bars began in SAIL IISCO on May 1 and the first consignment was flagged off on May 6, 2019.
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SAIL crude steel production in FY'19 at 16.3 MT, up 8%
SAIL crude steel production in FY'19 at 16.3 MT, up 8%. SAIL had produced 15.02 MT of crude steel in 2017-18.
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SAIL supplies steel for Army’s artillery gun ‘Dhanush’
SAIL, which is in its 60th year of production, has been meeting the requirement of special quality steel for the country’s defence forces
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URM continuing its upward trend.
Universal Rail Mill recorded best production of 1801 T of UTS 90 prime rails on 3 March as against previous best of 1750 T on 23 Feb 19.
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SAIL clocks Q3 profit of Rs 616 crore
Steel Authority of India Limited (SAIL) posted a net profit of Rs 616 crore in Q3 FY19 against a net of Rs 43 crore during the corresponding period last year.
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BSP dispatches over 1 lakh tonnes of Prime Rails to Indian Railways in Jan 2019
Following Bhilai Steel Plant (BSP) dispatching over 1 lakh tonnes of rails to the Indian Railways in the just concluded January 2019, the entire senior management team of BSP congratulated the collectives of the different departments that had combined as a team to make this distinguished achievement.
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Indian steel mills seek higher import duty
Times Now reported that executives from top Indian steel companies met with government officials on Wednesday and sought an increase in duties on imports of steel to check surging shipments from overseas. The companies asked the government to implement higher duties or other short-term emergency measures to curb imports.
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SAIL: Surging Ahead
Chairman SAIL interview
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ISSDA calls for stopping misuse of provisions of India-ASEAN FTA rules in stainless steel imports
stainless steel imports
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Country Wise crude steel output in 2018
Country Wise crude steel output in 2018
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Steel secretary expects Bhilai plant to raise output
There should be no shortfall in rail order supply of 10 lakh tonne.
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Buyers of distressed assets may be forced to redo math
Buyers of distressed assets may be forced to redo math
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World first 3D printed steel bridge to be installed in Amsterdam
MX3D, printed a functional stainless steel bridge
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Scientists create new 3D printing equipment for industry
Scientists create new 3D printing equipment for industry
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1st consignment of SAIL-BSP last Modex unit Bar & Rod Mill flagged off
The first consignment of 40 mm plain Bar Rounds rolled from the central line of the Bar & Rod Mill – the last MODEX unit of Bhilai Steel Plant to be operationalised was flagged off for despatch on Monday by AK Rath, CEO, Bhilai Steel Plant
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SAIL supplies 35,400 t steel for Bogibeel Bridge
SAIL has supplied around 35,400 metric tonnes of steel for the construction of Bogibeel road-cum-rail bridge on the river Brahmaputra, is little over 50 per cent of the total steel supplied for the bridge.
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SMS 2, SAIL/BSP
With 3 casters in operation simultaneously all thru the day, Steel Melting Shop-2 produced record 51 Rail bloom heats (6020 T) on 24th Dec 18. The previous high in Rail Bloom production in a day was of 46 Bloom Heats on 19th June’18
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SAIL posts highest single-day hot metal output
Steel Authority of India Ltd (SAIL) has clocked its best ever hot metal production in a single day at 55282 tonnes on 13th December, the PSU said in a statement Friday
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Operationalising process gets underway
The process for operationalising the 180 Tonne capacity Convertor 2 of SAIL-Bhilai Steel
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Universal Rail Mill set new records
Universal Rail Mill set new records
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SAIL’s hot strip mill at Rourkela plant to be completed soon: Chairman
SAIL Chairman Anil Kumar Chaudhary on Saturday said the new Hot Strip Mill at Rourkela Steel Plant should be completed by the beginning of next financial year.
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SAIL posts Rs 554 cr profit for Q2
SAIL posts Rs 554 cr profit for Q2 quarter.
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Vigilance Awareness Week in SAIL Ranchi Units
Vigilance Awareness Week in SAIL Ranchi Units
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SAIL recieved 'India's Top Challengers Award' 2018
SAIL recieved 'India's Top Challengers Award' at the 16th Construction World Global Awards 2018
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SAIL gearing up to supply wheels for LHB coaches
Chairman Steel Authority of India Ltd. (SAIL) Anil Kumar Chaudhary on Sunday visited SAIL Durgapur Steel Plant continuing his series of large group interactions and emphasised on fulfilling the Railways requirement of wheels for LHB coaches.
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SAIL Q1 net profit at ¿540 crore
SAIL Q1 net profit at ¿540 crore
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SAIL supplies 60,000 tonne steel for longest tunnel and tallest girder rail bridge.
SAIL supplies steel for world tallest girder rail bridge and longest tunnel in Manipur
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SAIL supplies 10,500 tonne steel for Kishanganga Hydroelectric Power Project
Steel Authority of India (SAIL) had also supplied around 70 per cent of steel for Tuirial Hydroelectric Power Project in Mizoram.
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148 SAIL employees have been conferred with the Prime Minister’s Shram Awards.
Of the 232 PSU awardees, 148 SAIL employees have been conferred with the Prime Minister’s Shram Awards.
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SAIL Supplied 55000 Metric Tonnes Of Steel For Delhi Metro’s Magenta Line
SAIL Supplied 55000 Metric Tonnes Of Steel For Delhi Metro’s Magenta Line
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70% SAIL steel for Mizoram’s biggest hydro project
SAIL has supplied around 70% steel for the Tuirial Hydro Electric Power project-- Mizoram’s biggest power project.
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Sail charts new marketing strategy
Creating new products, 10 per cent exports and retail thrust would be new marketing mantra of SAIL
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SAIL supplied special grade steel for INS Kiltan
"Partnering nation's 'Make in India' drive, Steel Authority of India Ltd (SAIL) has supplied defence grade DMR 249A steel plates for...INS Kiltan which was commissioned today into Indian Navy," the company said in a statement.
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SAIL has entered into a strategic agreement with POSCO for wide ranging technical services for SAIL Under the agreement
The agreement will pave the way for sharing of best practices in the area of technology and maintenance, SAIL said in a statement issued on Sunday. This is expected to assist SAIL-ISP in reaping benefits from its modernized units faster
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Hope alive for SAIL but no big gains soon
Profit may inch up in coming quarters, but full benefit of expansion seen only after FY20
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SAIL moulds turnaround plan
Sources in the steel ministry said their internal reports seemed to indicate that SAIL would show a positive profit after tax by the third quarter of this year.
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Supplied 80% steel required for Sardar Sarovar Project: SAIL
Steel Authority of India (Sail) has supplied 85,000 tonnes of steel to construct part of the world’s second-largest concrete gravity dam.
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SAIL sales up 18% in August
Steel Authority of India Ltd (SAIL) has reported an 18 per cent jump in sales during August over the corresponding period last financial year.
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SAIL clocks 7 per cent sales rise during April-August on output boost
"Steel Authority of India Ltd (SAIL) witnessed a growth of 7 per cent in total sales during the April-August 2017 period over the corresponding period last year...," according to a company spokesperson.
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SAIL in the phase of reinventing its processes
PK Singh, Chairman, SAIL, who was at IISCO Steel Plant (ISP) at Burnpur on Saturday said the unit is working towards surpassing the rated capacities of the new mills with the slogan of ‘first production to capacity and then production to potential beyond capacity’.
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JSPL ships maiden 1960 tonnes ‘Head Hardened Rail’
This is the first time that the head-hardened rail is being exported from the country. In the first consignment, the 1960 tonnes of head headband has been dispatched. It will reach Gangavaram port via train and will be sent to Iran by the freight carrier.
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“Transformation of SAIL has begun, let us all be part of it,” : Chairman, SAIL
Steel Authority of India Ltd. (SAIL) Chairman, Shri P.K. Singh visited SAIL’s Rourkela Steel Plant (RSP), on 18th August and interacted with a cross section of around 700 enthusiastic employees.
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ISP posts highest ever production
IISCO Steel Plant (ISP) posted its highest ever production of crude steel at 146025 tonne in July taking its total saleable steel figure to an all time high of 140401 tonne.
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Chairman SAIL emphasises on matching operations with industry benchmarks during his Bokaro visit
Chairman SAIL, Mr. P.K. Singh visited Bokaro Steel Plant and held a large group interaction (LGI) where he interacted with a cross section of more than 600 Plant employees. He apprised the employees about challenges in front of the Company and ways to mitigate the same.
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RSP's highest ever slab rolling, plate production & despatch
RSP's highest ever slab rolling, plate production & despatch
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BSP records its best ever loading of 260-metre rails
The Bhilai Steel Plant (BSP) has recorded its best ever loading of 260 metre rails for dispatch to Indian Railways both in the month of June 2017 as well as in the first quarter period of April to June 2017 of current fiscal year, a BSP press release informed.
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10 rakes of 260 metres long rails despatched: BSP
10 rakes of 260 metres long rails despatched: BSP
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SAIL cuts costs by 10% despite rise in coal prices
Unfortunately though high manpower cost and low productivity still remain for India's largest state-owned steel company
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Steel mills in India reversing import woes with export push
India set to become net exporter again
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Indian steel industry set to recover, after strong headwinds
Indian steel industry looks to improve after facing strong headwinds from global factors. Total exports by India recorded 150 percent Y-O-Y jump in February 2017 at 0.75 million tonnes marking high demand in the industry.
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Domestic steel production shows 12% growth over January 2016
Helped by India’s growth trend spurred by protectionist measures
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Perform or perish: Steel Minister to top brass of PSUs
"Complacency cannot be tolerated at a time when private
players are excelling on various parameters"
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Steel production likely to remain higher in 2017-18
Backed by an increase in infrastructure allocation in the Budget
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Steel minister promotes concept of Swadeshi for steel
Use of Swadeshi steel is the way forward not only for steel consumption but also for sustainable growth of the steel industry and economy
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Curtains on steel MIP? Govt may withdraw trade barrier in Feb.
No more relevant !!!
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Steel ministry plans additional Rs 10 lakh crore investment in draft policy
Anticipated steel demand 255 MT approx. by 2030-31
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India Steel: Disrupted recovery calls for caution
HIgher raw material prices may play spoilsport !!!
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Reduce import duty on steel, capital goods makers urge Modi
Request to reduce import duty on steel to 7.5 per cent from 12.5 per cent to correct the inverted duty structure.
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Latest circular from Corporate Vigilance for submission of assets / liabilities
New set of guidelines under formation
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SAIL in talks with Japan's Nippon Steel, Kobe for tie-ups
Reuters | Dec 19, 2016, 08.55 PM IST
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Steel firms plan biggest price hike from January
Expect price hike up to Rs 6000/- per t riding on rising coking coal rates
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SAIL records highest Q2 sales volume,32% growth over CPLY
Growth in market share in H1 FY 17, 12.7% growth over CPLY
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Wild swings in iron ore have slowed.
Prices now moving in narrow margin
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Govt extends implementation of steel quality order by 2 mths
Attempt to create a comprehensive quality regime - Steel Minister
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New National Steel Policy in conceptual stage
Changes expected to tide over cheap imports and NPAs
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India imposes safeguard duties on some steel imports
Extra cover for steel to fight imports.
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SAIL's ASP collaborates with IIT Kharagpur
Alloy Steels Plant collaborates with IIT Kharagpur under PM's Uchchatara Aviskar Yojna
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Steel movement to be through coastal shipping
Top cos can shift 40% steel movement to coastal shipping: Govt
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Demonetization to impact small firms, rural demand: Tata Steel
Tata Steel said that demonetizing will also temporarily impact steel demand in rural India as the business there is mostly cash-based
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Gross NPAs In Steel Sector At Rs. 1.15 Lakh Crore
Total loan exposure to India's over $100-billion steel industry, the world's third largest, is about Rs. 3.13 lakh crore.
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