SAIL Achieves Sales Growth of 10% in November 2013
OREANDA-NEWS. Backed by a renewed thrust on marketing, Steel Authority of India Limited (SAIL) achieved total sales of 9.7 lakh tonnes in November 2013, registering a 10% growth over same month last year (SMLY). The company accelerated its export sales, with shipments to the tune of 61,000 tonnes during November 2013, representing a three-fold growth over SMLY. Cumulative exports of 3.2 lakh tonnes in April-November 2013 were up 72% on year-on-year basis.
Keeping pace with its modernisation and expansion plan (MEP), Chairman SAIL Mr CS Verma recently witnessed commencement of production from the rebuilt Coke Oven Battery #2 in SAIL Durgapur Steel Plant (DSP). Rebuilt at a cost of Rs 213 crores, this battery will play a vital role in the MEP of DSP, aimed to augment the capacity of saleable steel from the present level of 1.60 MT to 2.12 MT.