Bokaro Steels Hot Rolled Coils Exports Soar In July

According to a Bokaro Steel release, export of 43, 167 tonne of hot rolled coils in July was a new monthly record. It also exported 600 tonne of cold rolled sheets and coils in the same month.

Exports of SAIL's hot-rolled coils grew from 26,400 tonne in 1998-99 to 2,52,924 tonne in 1999-2000.

The hot-strip mill, the core of Bokaro Steel's saleable steel facilities as well as supplementary facilities like pickling l-- I and Tandem Mill -- I were out of operation from July 25 to August 2 due to capital repairs.

The units are back into operation and are ready for full scale operations for peak levels of demand in the concluding part of the financial year.

 

Bokaro, which bounced back to profitability in 1999-2000 after one year of loss, is all set for a much higher profitability in the current financial year.

While saleable steel production was hampered because of the capital repairs, the other major operational units of Bokaro Steel maintained a high level of performance. Hot metal production in July at 3,47,671 tonne and crude steel production at 2,97,716 tonne were all-time best performances.

The blast furnaces operated at 111 per cent the rated capacity. During the current financial year, the blast furnaces have been operating at round 110 of the rated capacity.

The unit also produced 91,995 tonne of cold rolled saleable steel, 47,898 tonne of hot rolled plates, 14,084 tonne of galvanised coils and 14,973 tonne of GP/GC sheets in the month of July.

The plant showed improvements in techno-economic parameters as well. Coke rate was 540 kg per tonne of hot metal. Gross energy consumption in July was 8.201 gega calories per tonne of crude steel.