BSP sets target to produce 5.3 MT hot metal in FY2013-14

Bhilai Steel Plant (BSP), the flagship entity of the Steel Authority of India Limited (SAIL), had set a target to produce 5.30 Million Tonnes (MT) of hot metal in the financial year 20013-14.

The company that shares more than half of the SAIL's total profit had produced 2.0 Million Tonnes (MT) of hot metal in the previous financial year 2012-13. Despite slowdown and recession, the BSP performed well and achieved the 100 per cent mark for the annual maintenance.

A statement issued by the company here said that the BSP began the new fiscal by achieving fulfillment of 100 per cent of Annual Business Plan in month of April 2013 for both Hot Metal and Saleable Steel. The official said that the Plant also registered a substantial growth of 3.0 per cent, 3.2 per cent and 7.6 per cent over previous year for Hot Metal, Crude Steel and Saleable Steel respectively.

The BSP had last year produced 5.20 MT of hot metal and 4.29 MT of saleable steel while the crude steel production during the period reached from 5 MT to 5.20 MT. The company had however set the target of 4.55 MT for the saleable steel as compared to 4.29 MT for the current fiscal.

The company statement said that an important job successfully done on schedule in Coke Ovens area was changing the Gas Collecting Main (GCM) of a running battery. The first phase of GCM changing was on the batter basis. Half of the running battery was taken under shutdown for the above job while the remaining half of the battery was under operation.

The production of Special Steel was at 62.3 per cent with respect to Saleable Steel production in April this year. The Plant exported 7896 Tonne of steel including 5228 T of plates during the month. Production of Iron Ore from Dalli and Rajhara, sinter at SP-2, SP-3 and total sinter, cast steel at SMS-2, cast slabs, cast blooms, production of billets, production of finished rails, total rails and structurals, production of rounds and bars, total merchant products, wire rods and production of Plates at plate Mill exceeded their respective rated capacities.