Sail sees production growth in Q3 as expansion plan progresses

Steel Authority of India (Sail), the country’s largest steel producer, saw a 7% year-on-year increase in pig iron production to 3.6 million tonnes in the July-September quarter in 2012.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Crude steel production during the three-month period increased by 5% to 3.39 million tonnes, compared with 3.22 million tonnes in the second quarter of the previous financial year, Sail said.

The production growth is in line with the company’s modernisation and expansion plan as it reaches an advanced stage, Sail said.

Production of saleable steel during the quarter was up by 4% at 3.17 million tonnes, compared with 3.04 million tonnes in the same period last year.

There was a 6% year-on-year increase in pig iron production and 4% growth in crude steel as well as saleable steel in September 2012.

Blast furnace productivity increased by 8% over the corresponding period last year.

In the first half of the current financial year, from April to September 2012, Sail increased pig iron and crude steel production by 3% compared with the first half of the previous financial year.

What to read next
European energy analysts’ “what if” questions have turned into “what now” questions in the wake of Russia’s stalled war efforts against Ukraine
Despite the metal being classed as “strategic” in the European Union’s proposed Critical Raw Materials Act (CRMA), questions remain about the future of magnesium supply in Europe, market participants have told Fastmarkets
The publication of Fastmarkets’ assessment of the Southeast Asia copper premium for Tuesday March 28 was delayed due to a scheduling error.
Recycling is increasingly being considered the best way to reduce carbon emissions from metals production, and huge investment in recycling facilities has been seen in recent years, with robust merger and acquisitions activity
As the world moves toward a shared goal of net-zero emissions, Claire Patel-Campbell talks to Outokumpu’s head of group sustainability, excellence and reliability about the place of the energy-intensive and high emissions ferro-chrome industry in a greener economy
Energy has been at the top of the agenda for the ferro-chrome market over the last couple of years, as prices fluctuate and access to steady supplies becomes more uncertain
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed