New Delhi:Steel Authority of India Limited (SAIL) registered positive growth in steel production for the month of July ’13 as compared to the same month last year (SMLY). Production of Saleable Steel at 1.08 million tonnes during the month was up by 3% over SMLY.
Owing to SAIL’s renewed focus on controlling internal costs, techno-economics parameters of production continued their upward trend with energy consumption and Blast Furnace productivity showing improvement of 1% and 2% respectively. SAIL’s modernisation and expansion programme (MEP) continues to be implemented on high priority. Cumulative orders worth Rs 58,579 crore were placed and an expenditure of Rs 46,064 crore incurred until June ’13.