PSU steel major SAIL’s crude steel production fell marginally by 1% q-o-q to 4.3 mnt in Q2FY23 compared to 4.33 mnt in the previous quarter. However, steel sales rose by 25% q-o-q to 4.21 mnt in Q2FY23 compared with 3.15 mnt in Q1FY23. The margins during the quarter were impacted by imported coal prices and slow demand in the market.
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