SAIL crude steel output grows 8 per cent in Q1; sales rise 24 per cent – ET Infra

SAIL crude steel output grows 8 per cent in Q1; sales rise 24 per cent – ET Infra


The company attained its highest-ever sales performance in the first quarter by achieving a sales volume of 3.9 MT, posting a y-o-y rise of 24 per cent. Steel Authority of India Ltd (SAIL), under the Ministry of Steel, is among the top three steel producing companies in India having an annual capacity of around 20 MT.

  • Updated On Jul 5, 2023 at 01:44 PM IST

State-owned SAIL on Tuesday reported an 8 per cent year-on-year growth in its crude steel production at 4.667 million tonnes (MT) during the first quarter of FY24.

The company attained its highest-ever sales performance in the first quarter by achieving a sales volume of 3.9 MT, posting a y-o-y rise of 24 per cent.

Steel Authority of India Ltd (SAIL), under the Ministry of Steel, is among the top three steel producing companies in India having an annual capacity of around 20 MT.

  • Published On Jul 5, 2023 at 01:40 PM IST

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