11
Jun
12:06
Sail seeks to maintain volumes amid pandemic resurgence
Steel Authority of India (Sail) is working on increasing volumes, maintaining the post-initial-Covid-19-impact performance recovery, despite the second pandemic wave gripping India. The firm saw revenue grow 45% on-year in the fiscal year through March 2021 (FY21) to INR 68,452 crores ($9.4 billion), with net profit up 26% to INR 3,850 crores.
Sales rose 14% on-year in the March quarter to 4.27 million tonnes, while crude steel output grew 6% to 4.55mt (see Kallan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous