SAIL produced 16.15 Million Tonnes of crude steel during the financial year 2019-20 and it was the highest among all other steel producers in the country. Shri
During the FY 2019-20, SAIL has also achieved the best ever annual sales of 14.5 Million Tonnes (MT) with a growth of 2.8% over the corresponding period last year (FY 2018-19). The Company's strategies to expand its market portfolio also yielded the highest ever exports of 1.18 Million Tonnes during FY 2019-20 which is an astounding 54% growth over CPLY. Commenting on this,
SAIL has continued the streak of sales growth consistently, especially from the third quarter onwards where the Company registered a growth of 26% in sales in the Q3FY'20. The Company posted increase in sales during November, December, January'20 by 36%, 47% and 35% respectively over CPLY. In the first year of launch itself, around 2 lakh tonnes of branded SAIL SeQR TMT has already been sold and it has evoked excellent response from the market.
Among other notable achievements, SAIL recorded the best ever despatch of 12,994 numbers of WAG9 Wheels for electric locomotives, a product which is an import substitution. The Company has also supplied 7295 Tonnes of DMR plates to critical defence projects of the Nation, a quantity which is also highest in the last 5 years. SAIL has also recorded the highest ever rail production of 12.85 Lakh Tonnes of UTS 90 prime rails in FY'20 with a 30% growth over CPLY. The Company also witnessed a whopping 52% growth in production of 260 metres rails, a part of the UTS 90 prime rails productions, over CPLY for the
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