New Delhi: The new year 2013 began on a positive note for Steel Authority of India Limited (SAIL) as the company recorded growth of 2% in hot metal, and 1% and 2% in crude & saleable steel production respectively for the period April–Dec 2012 over the corresponding period last year (CPLY). Production of hot metal, crude steel and saleable steel for the 9-month period stood at 10.7 million tonnes (MT), 10.09 MT and 9.25 MT respectively.
On the front of techno-economic parameters of production, SAIL’s performance was marked with an improvement in energy consumption, blast furnace productivity and power generation by 3%, 3% and 5% respectively.
The April-December 2012 period saw development of new products in the company. SAIL Bhilai Steel Plant supplied special soft iron magnetic plates for the prestigious India-based Neutrino Observatory (INO) project of Bhabha Atomic Research Centre (BARC). SAIL plants at Bokaro and Salem started production of IS 2062 E450 and E 350 HR Coils tailor-made for Indian Railways.