OREANDA-NEWS. November 13, 2012. “SAIL has not only met, but exceeded its production targets so far for this financial year. As India is expected to resume its high growth trend in the coming years, SAIL is well prepared to meet the demands of the market”, said SAIL Chairman Mr C.S. Verma. SAIL recorded a growth of 4% in hot metal and 2% each in crude steel and saleable steel production for October 2012 over the corresponding period last year (CPLY). Production of hot metal, crude steel and saleable steel for October 2012 stood at 1.2 million tonnes (MT), 1.14 MT and 1.01 MT respectively.

As for the period of April-October 2012, the company produced 7.2 million tonnes (MT) of saleable steel products against 7 MT produced in CPLY. Production of hot metal and crude steel stood at 8.4 MT and 7.9 MT respectively, registering a growth of 3% per cent over CPLY.

On the front of techno-economics of production, SAIL’s performance was marked with an upward trend in blast furnace productivity, coke rate and energy consumption by 4%, 2% and 2% respectively. October’12 has been yet another month in FY 13 where SAIL has shown consistent growth and improvement in all major areas of production.