State-run Steel Authority of India’s (SAIL’s) flagship unit, Bhilai Steel Plant (BSP), located in Chhattisgarh, recorded sales of defective steel (secondary steel) or “re-rollable steel” from auctions at 415,807 tonnes (t) in financial year 2021-22 (FY22). The material auctioned is mixed in nature comprising CC blooms, billets, plates, TMT bars, rails and also steel scrap. Secondary steel sales usually make up about 3% of SAIL’s consolidated annual revenues.
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