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29 Sep
07:59

Sail eyes capacity expansion on improved debt position

Steel Authority of India (Sail) aims to move into the next phase of expansion on the back of an improved leverage position, according to company chairman Soma Mondal. The steelmaker is also expanding the Tier 1 and 2 distribution networks across the country to strengthen its retail presence. Sail has started a land bank study to identify the availability of land at its existing steel mills and to explore the options of new land acquisition for its expansion, Kalla…
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