SAIL produces record 18.28 MT crude steel 
News Updates

SAIL produces record 18.28 MT crude steel

SAIL has produced a record 18.28 MT of crude steel during the financial year 2022-23, registering a year-on-year rise of 5.3 percent

PSU Watch Bureau

New Delhi: State-owned SAIL has produced a record 18.28 million tonnes (MT) of crude steel during the financial year 2022-23, registering a year-on-year rise of 5.3 percent. The production of hot metal also rose by 3.6 percent to 19.4 MT during the financial year that ended on March 31.
In a statement, the Steel Authority of India (SAIL) said that it has achieved the best-ever annual production during FY23.

"The company recorded 19.409 MT hot metal and 18.289 MT crude steel production with a growth of 3.6 percent and 5.3 percent, respectively over the previous best in FY22," the statement added. The steel giant further said that it is continuously ramping up its production over the years with a focus on more value-added and special-steel production.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Govt to infuse Rs 4500 Crore in Semi-Conductor Laboratory

IRFC raises Rs 2,981 cr via maiden zero-coupon bond issuance

PNGRB approves revised tariff for GAIL’s integrated pipeline network

India actively negotiating trade pact with US, EU: Goyal

Stock markets trade higher in early deals