SAIL posts best ever crude steel production in FY’19 -Governance Now

SAIL posts best ever crude steel production in FY’19

In FY’19, SAIL had the highest ever production of 9.85 lakh tonnes of UTS 90 rail

GN Bureau | April 8, 2019

#SAIL #Net profit #financial health #PSU #crude #steel production

Total steel despatch from SAIL was the highest ever at 14.86 MT during FY’19 due to a dedicated logistics set-up created by SAIL recently. The production from new mills of SAIL plants has recorded marked improvement in FY’19, giving an enriched product basket.

The 2018-19 FY ended with a robust performance during Q4 with a growth of 10 percent, eight percent , 14 percent and 13 percent in respect of production of hot metal, crude steel, saleable steel and sales respectively. In FY’19, SAIL had the highest ever production of 9.85 lakh tonnes of UTS 90 rail. The production of rails got momentum in the second half of FY’19 with around 5.66 lakh tonnes of production. In line with this improved performance, the PSU has managed to improve its turnover by 16 percent which now stands at Rs 66,100 crore.

Comments

Other News

Ganga heavily polluted with microplastics, finds study

A new study titled, ‘Quantitative analysis of Microplastics along River Ganga’ by Toxics Link has found heavy concentration of microplastics in the Ganga. All samples collected for study from the river at Haridwar, Kanpur and Varanasi were found to be polluted with microplastics.

Maharashtra flood situation grim, rescue works on

At least 79 people were killed and 56 were missing as the flood situation in Maharashtra remained grim on Saturday. Torrential rainfall in various parts of the state, coinciding with high tides and also discharge from dams, led to inundation of many regions and floods caused landslides in some places too.

Maharashtra partners with Climate Group to promote electric vehicles

Within days of announcing its new Electric Vehicle Policy 2021, Maharashtra Friday announced its partnership with Climate Group’s EV100 network to push and promote electric vehicles and reduce CO2 emissions. The policy, meanwhile, was also notified on Friday. Climate Gro

As rains batter Maharashtra, state on red and orange alert

Severe rains battered Raigad, Thane, Ratnagiri, Kolhapur and Satara regions of Maharashtra with rains in Ratnagiri district breaking the 40-year record. As rivers in these districts crossed warning levels, the National Disaster Response Force (NDRF), the State Disaster Response Force (SDRF), Coast Guard, N

Will next wave affect children? That`s mere speculation, says expert

Dr. Praveen Kumar, director, department of pediatrics, Lady Hardinge Medical College, New Delhi, talks about various issues including impact of Covid-19 on children, the need to protect them, and vaccinating pregnant women and lactating mothers. How has the pandemic affected

A public policy bridge across the digital divide

There has been an active debate globally and in India about the digital divide. This debate has gained additional weight during the Covid-19 pandemic because the acceleration of the need for digital access to health and other social services has thrown this issue into sharper relief. A critical public poli