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22 May

SAIL records best-ever production in fiscal 2024

State-owned steelmaker Steel Authority of India (SAIL) has posted its best-ever performance in production and sales during the fiscal year ending March 2024 (FY24), Kallanish notes. The company attributes the performance to robust domestic demand and its various initiatives. FY24 crude steel production grew by 5.2% year-on-year to a record 19.24 million tonnes, and sales volume rose by 5.1% to a best-ever 17.02mt. Consolidated revenue from operation…
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