SAIL registers 11% growth in May sales
Rise in exports was to the tune of 76% on a y-o-y basis during the month.
Production at SAIL plants kept pace with Hot Metal production of 1.26 MT achieved in May ’14, registering a y-o-y growth of 4%.
Optimistic about the ensuing period in current financial year, SAIL chairman CS Verma said, “We foresee the present thrust on infrastructure growth translate into higher demand of steel in the country. This certainly augurs very well for the industry, and SAIL is geared to meet this resurgent demand.”
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