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State-owned steel maker SAIL on Saturday said it recorded a 14 per cent year-on-year growth in sales at 12.7 million tonnes (MT) in April-November 2025, amid "price pressures and demand volatility". The Steel Authority of India Ltd (SAIL), a leading integrated player in the steel sector, had posted sales of 11.1 MT in the corresponding period last year. The company said, "This resilient performance was possible due to a strong sales strategy...despite many challenges including global price pressures and demand volatility arising from various global trade policy uncertainties and geopolitical tensions." During the eight-month period, the company said retail sales were also strong. It was at 0.97 MT, up 13 per cent from 0.86 MT in April-November 2024, supported by ongoing nationwide brand promotion campaigns. In November alone, overall sales rose 27 per cent year-on-year, while retail sales surged by 69 per cent y-o-y. SAIL, under the Ministry of Steel, owns and operates five integr
State-owned SAIL on Tuesday said it has supplied around 8,000 tonnes of critical-grade steel for the Indian Navy's advanced frontline frigates, INS Udaygiri and INS Himgiri, which were launched by Defence Minister Rajnath Singh. Singh commissioned the two multi-mission stealth frigates at the Eastern Naval Command of the Indian Navy at Visakhapatnam in Andhra Pradesh. Udaygiri and Himagiri come from the Indian Navy's latest state-of-the-art Project 17 A and the commissioning marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously. In a statement, SAIL said, "It continues a crucial partnership with the nation's defence sector by supplying approximately 8,000 tonnes of critical-grade steel for the Indian Navy's advanced frontline frigates, INS Udaygiri and INS Himgiri." The company supplied material from its steel plants in Bokaro, Bhilai, and Rourkela. By developing and providing critical-grade steel for
The Rourkela Steel Plant (RSP) of SAIL on Thursday said it has commissioned a state-of-the-art Ladle Furnace 2D (LF#2D). A ladle furnace is the second unit used to refine molten steel after it is produced in a primary furnace. It was commissioned in Steel Melting Shop-II on Wednesday. This achievement underscores RSP's commitment to technological modernisation, enhanced productivity, and a strong culture of safety, the company said in a statement. The newly operational LF#2D is a critical facility that will significantly boost productivity by ensuring a timely and efficient supply of liquid steel to the new slab caster alongside the existing ones. Alok Verma, Director In-Charge, RSP, with additional charge of Durgapur Steel Plant & IISCO Steel Plant said, Steel is not just what we make it is who we are. RSP is truly proud of everyone's sincere and hardworking efforts. He also congratulated everyone associated with the project for the successful commissioning of LF#2D. The LF#2
The Steel Authority of India Ltd (SAIL) has supplied 16,000 tonnes of steel for the construction of the world's tallest railway bridge over the Chenab river in Jammu & Kashmir, of which the Bhilai Steel Plant contributed 12,000 tonnes, according to the steel plant's official on Friday. Prime Minister Narendra Modi on Friday flagged off the first train service to the Kashmir Valley and inaugurated a number of development projects, including the world's highest railway bridge over Chenab river and India's first cable-stayed arch bridge. The Bhilai Steel Plant official said, "Bhilai Steel Plant and other steel plants of SAIL have supplied 16,000 tonnes of steel for the construction of this bridge. This includes plates, TMT bars, and structural steel. This achievement is a matter of pride for SAIL and BSP." "This 1.3-kilometre-long bridge stands 35 metres higher than the iconic Eiffel Tower in Paris. An engineering marvel, the bridge is designed to withstand high wind speeds of up to .
Country's largest steel player SAIL, which has a debt of nearly Rs 27,000 crore, has managed to bring down its debt by around Rs 750 crore last year and is planning to reduce it further, a senior company official said. "Today, the debt is around Rs 26,800 crore... and we're planning to reduce it further in this financial year. Last year also we reduced by around Rs 750 crores. "And now we are planning to reduce month-on-month," SAIL (Steel Authority of India Ltd) Director Finance Ashok Kumar Panda said during Q4 & FY '25 Conference Call. And going forward, when the capex will increase, the company will have two-pronged approach, he said. "Number one, we'll try to increase our profitability. So from internal accruals, we'll be able to compensate a part of the requirement. "And the rest part we will line up other instruments available for getting the fund... Our debt-to-equity ratio is good enough to take care of these two aspects going forward," he explained. SAIL has a capex ...
At least five workers sustained burn injuries in a mishap at the Steel Authority of India Limited's (SAIL) Bokaro Steel Plant, an official said on Tuesday. The incident occurred at the Steel Melting Shop-2 (SMS-2) of Bokaro Steel plant where a spillage of hot metal from a ladle took place. "As per normal practice, water was sprayed to cool the spill, which resulted in the generation of a large volume of steam. All five workers came into contact with the steam and suffered burn injuries. They were rushed to Bokaro General Hospital where medical treatment was provided to them," the spokesperson told PTI. All are safe and have been discharged, he said. The official said that an internal inquiry is underway to determine the root cause of the spillage, whether due to mechanical failure or other factors. The plant operations have not been disrupted, he added.