Keyword : Steel

Core sector output down, may hit GDP and tax collection

India enters new financial year with a bit of bad news on economic front. Latest figures show that the core-sector output grew at 1.4%, the slowest pace in 16 months, in February and that the direc

SAIL`s Rourkela plant posts best ever crude steel output

 Steel Authority of India Ltd’s (SAIL) unit Rourkela Steel Plant has posted its best ever single day crude steel output of 11,285 tonne from its two steel melting shops — SMS-I and

SAIL’s Salem plant supplies steel to ISRO’s 104 satellites

The steel authority of India limited (SAIL), a Maharatna enterprise, has added another feather to its cap by supplying steel to Indian space research organisation (ISRO) for the launch of a recor

SAIL achieves significant growth in turnover

 Steel Authority of India Ltd (SAIL) clocked a turnover of Rs 12,860 crore in the first quarter of 2017-18 FY, registering a growth of 26 percent over the turnover of Rs 10,180 crore achieved

Steel minister seeks stronger ties between Australia, India

 Union steel minister Chaudhary Birender Singh has invited Australian government and businesses to be a part of the ambitious growth and development opportunities available in India.

SAIL signs pact with POSCO

 Steel authority of India limited (SAIL), India’s largest steel producer, has inked a strategic agreement with POSCO for technical services for the enterprise’s IISCO Steel Plant (

MECON told to enhance capacity utilisation

 Steel minister Chaudhary Birender Singh has asked steel PSU, MECON, to utilise its experience and expertise in metallurgical engineering to enhance capacity utilisation and product improvemen

SAIL`s special grade steel used to build stealth corvette

Maharatna enterprise, Steel Authority of India Ltd. (SAIL) has supplied defence grade micro-alloyed grade of steel (DMR 249A) steel plates for the indigenously built anti-submarine warfare (ASW) st

SAIL told to increase production

 Union steel minister Birender Singh criticised Steel Authority of India (SAIL) officials for tardy progress in critical areas of strategic importance.    The m

RINL told to play a vital role as a steel producer

 Ministry of steel’s joint secretary Ruchika Chaudhry has advised Rashtriya Ispat Nigam Limited, a Navratna PSU, to cash in on the huge infrastructure funding by the government to build

SAIL clocks Rs 82 crore profit before tax in Q3

Steel Authority of India Ltd (SAIL) has earned profit before tax (PBT) of Rs 82 crore in the third quarter of the current financial year (Q3 2018FY).   Maintaining strong

Govt plans to install 300 mn tonnes of steel capacity by 2030, says steel minister

Chaudhary Birender Singh says SAIL is at par with any other international steel enterprise   Union minister of steel Chaudhary Birender Singh has said that SAIL is a

SAIL Q1 turnover increases by 22.42%

Steel Authority of India Ltd. (SAIL) has clocked a profit after tax (PAT) of Rs 540.43 crore in the first quarter (Q1) of current fiscal. SAIL’s turnover in Q1 2018-19 rose by 22.42 per cent

SAIL supplies 12,000 MT of steel for construction of Sardar Patel statue

SAIL has claimed that it has supplied 50 per cent steel for the construction of The Statue of Unity, the world’s tallest statue of Indian independence movement leader Sardar Vallabhbhai Patel

SAIL to focus on high grade wire rods

SAIL Chairman Anil Kumar Chaudhary has laid emphasis on producing high grade and special quality wire rods from the state-of-the-art 0.55 million tonnes per annum (MTPA) wire rod mill. &n

Durgapur plant started showing improved performance, says steel minister

Steel minister Chaudhary Birender Singh who recently visited Durgapur-based alloy steel plant (ASP) said the plant has started showing improved performance both in physical and financial terms.

SAIL posts best ever hot metal production in a single day

Steel giant, SAIL has clocked its best ever hot metal production in a single day at 55,282 tonnes on December 13.   The previous best production of SAIL stood at 54,786 t

India beats Japan to become world’s second largest steel producer

Steel minister Chaudhary Birender Singh has India has become the second largest producer of steel in the world leaving behind Japan and the USA.   He said when comparing

SAIL’s Jagdishpur steel processing unit inaugurated by PM

Amethi based Jagdishpur steel processing (SPU) unit of SAIL was recently dedicated by Prime Minister Narendra Modi to the nation.     SAIL has started this unit



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