India's SAIL output up by 7% in 2nd Qtr

Public sector steel major Steel Authority of India Ltd (SAIL) has posted a 7% growth in hot metal production during the 2nd quarter ended September this year.

The company produced 3.6 Million Tonne (MT) hot metal during the last quarter as compared to 3.3 MT produced during the same quarter last year. Crude steel production also increased 5% to 3.39 MT during the three month period.

During September, hot metal production increased 6% while crude steel production grew 4%, according to a statement issued by the company.


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