OREANDA-NEWS. September 6, 2012. SAIL produced 1.16 million tonnes of crude steel recording a growth of 7 % in August’2012 over CPLY. The cumulative production of crude steel by SAIL at 5.65 million tonnes in April-August’12 was up 3 % over CPLY. This assumes added significance considering the fact that world over the production levels have stagnated for last couple of months. With continued thrust on improving techno-economic parameters aimed at cost competitiveness, BF productivity in August’12 was up by 9 % over CPLY, and concast production as a percentage of crude steel grew by 4 %.

At a time when steel producers all over the world are adjusting their output to meet the market demand, nameplate capacity figures have become redundant. Production of steel being a complex process requires, interplay of several dynamic factors including availability of sufficient raw material, health of equipment etc. In such a scenario, actual production figures become critical, since production by each company will in reality determine its earning potential and bottomline in the times of idling of capacities. Worldsteel, a well known name for steel industry, brings out an annual list of top steel companies based on crude steel production. This is more or less the industry standard for determining the rankings of steel producing companies in the world.