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10 Jul
14:03

SAIL sees rising quarterly deliveries, production

Steel Authority of India (SAIL)’s crude steel production grew 7.78% on-year to 4.67 million tonnes in the June fiscal quarter (FQ1) against 4.33mt produced a year ago. Meanwhile, SAIL’s deliveries surged 24% to 3.9mt, Kallanish notes. According to the steel company, this is the highest-ever sales performance in an FQ1 achieved by SAIL. “This record-breaking performance by SAIL has come up in the light of its continued focus on maximising capaci…
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