Kolkata: Steel AUthority of India Limited (SAIL) recorded a 7% growth in hot metal production in the second quarter between July-September 2012, compared to the corresponding period last year. SAIL produced 3.6 million tonnes (mt) in Q2 of FY'13.
The company reported a growth in crude steel and saleable steel production to the tune of 5% and 4%respectively during Q2 of FY'13 compared to the previous corresponding period. The company's production of crude steel and saleble steel reached 3.39 mt and 3.17 mt respectively in the second quarter of FY'13.
In September 2012, SAIL registered a 6% growth in hot metal production and 4% growth in production of crude steel and saleable stee compared to the same month last year. In terms of operational performance, blast furnace productivity showed substantial increase of 8% in Q2 of FY'13 over previous corresponding period.
In the first half of the current fiscal, (April-September 2012), SAIL registered a 3% growth in production of both hot metal and crude steel, over same period last year. Improved techno-economic parameters in H-1 of current fiscal supported the growth trend with BF productivity, specific energy consumption and coke rate registering improvements of 4%, 3% and 2% respectively.
The production growth is in tune with SAIL's ongoing modernization & expansion plan, as it reaches the advanced stages of completion. SAIL also hopes to produce new variety and range of products to cater to new market segments.
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