Guwahati: The Steel Authority of India Limited (SAIL) has achieved record-breaking performance in the first quarter of the financial year 2023-24 (Q1 FY24) in terms of production and sales.
The production of hot metal, crude steel and saleable steel of 5.037 million tonnes (MT), 4.667 MT, and 4.405 MT, respectively, marked the best-ever first-quarter results. These figures represent a remarkable growth of 7%, 8% and 8%, respectively, in comparison to the previous best.
SAIL also attained its highest-ever sales performance in the first quarter by achieving a sales volume of 3.9 MT, thereby marking a growth of around 24% over the correspondent period last year. This record-breaking performance by SAIL has come up in light of its continued focus on maximizing capacity utilization and meeting customer demands.
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