SAIL achieves sales growth of 10% in November
Post Date: 07 Dec 2013 Viewed: 345
Backed by a renewed thrust on marketing, Steel Authority of India Limited achieved total sales of 9.7 lakh tonne in November 2013, registering a 10% growth over same month last year.
The company accelerated its export sales, with shipments to the tune of 61,000 tonne during November 2013, representing a three-fold growth over SMLY. Cumulative exports of 3.2 lakh tonne in April to November 2013 were up 72% on YoY basis.
Keeping pace with its modernization and expansion plan, Chairman SAIL Mr CS Verma recently witnessed commencement of production from the rebuilt Coke Oven Battery #2 in SAIL Durgapur Steel Plant. Rebuilt at a cost of INR 213 crore, 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 million tonne to 2.12 million tonne.