India’s largest steel maker, SAIL reported 14.3 MnT of crude steel production and 12.4 MnT of saleable steel production. Its saleable steel sales was at 12.1 MnT.
Steel Authority of India Limited has reported its FY16 results and produces 14.3 MnT crude steel and 12.4 MnT saleable steel in the fiscal. The company’s hot metal production touched at 15.7 MnT in FY16.
In the meantime, SAIL’s saleable steel sales was registered at 12.1 MnT in the duration.
Production and sales performance in FY16
| Particulars | Quantity in MnT |
| Hot Metal Production | 15.7 |
| Crude Steel Production | 14.3 |
| Saleable Steel Production | 12.4 |
| Semis component in production | 26% of saleable steel |
| Value Added Production | 5.1 |
| Production through concast route | 10.8 |
| Saleable Steel Sales | 12.1 |
The company’s saleable steel production fell by 3% in FY16 against FY15. However, its salebale steel sales grew by about 4% Y-o-Y in the same duration.
SAIL’s modernisation & expansion plan
The company planned to ramp up crude steel production from 14.28 MnT to 21.4 MnT in FY16 and saleable steel production from 12.38 MnT to 20.2 MnT after on-going capacity expansion.
SAIL Chairman PK Singh stated to media, “SAIL witnessed better figures in last quarter of FY16 and is targeting to complete the balance modernisation and expansion with a focus on energy saving methods, enriching its product mix and introducing customer centric processes”.
Capacity after expansion
| Plant | Hot Metal | Crude Steel | Saleable Steel | |||
| FY16 | After Expansion | FY16 | After Expansion | FY16 | After Expansion | |
| BSP | 5.3 | 7.5 | 5.1 | 7 | 4.2 | 6.6 |
| DSP | 2.2 | 2.5 | 2 | 2.2 | 1.9 | 2.1 |
| RSP | 3 | 4.5 | 2.7 | 4.2 | 2.4 | 4 |
| BSL | 3.7 | 5.8 | 3.4 | 4.6 | 2.6 | 4.2 |
| ISP | 1.4 | 2.9 | 0.9 | 2.5 | 0.9 | 2.4 |
| VISL | 0.1 | 0.3 | 0 | 0.2 | 0 | 0.2 |
| ASP | – | – | 0.1 | 0.5 | 0.1 | 0.4 |
| SSP | – | – | 0.1 | 0.2 | 0.3 | 0.3 |
| Total | 15.7 | 23.5 | 14.3 | 21.4 | 12.4 | 20.2 |
Quantity in MnT
Source: SAIL’s Report
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