11
Aug
14:29
SAIL sees rise in quarterly steel output, deliveries
Steel Authority of India (SAIL)’s crude steel production grew 8% on-year to 4.67 million tonnes in the June quarter, compared to 4.33mt produced a year ago, the company informs.
The steel company’s deliveries surged 23% to 3.88mt in the June quarter versus 3.15mt sold last year, Kallanish notes.
Despite an increase in sales volumes, turnover increased by 1% due to a decline in price realisation, the company says. SAIL’s revenue from operations a…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous