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SAIL emerges as largest miner for steel making input minerals in FY 2019-20

New Delhi/UNI: Public sector steel major Steel Authority of India (SAIL) has emerged as the largest miner for steel making input minerals in FY 2019-20.While Coal India Limited is the overall largest miner in the country, SAIL is involved in mining of iron ore, fluxes (limestone and dolomite), coking coal and non-coking coal for its internal requirements and has become next to Coal India Limited in mining in India in 2019-20.Iron ore, fluxes and coal are essentially required for making steel in integrated steel plants.

SAIL launches 'Ispaati Ilakon ka Vikas: SAIL ke Sath' scheme for MSME sector

New Delhi/IBNS: Steel Authority of India Limited(SAIL) has kick-started its participation in the Centre's flagship programme, "Purvodaya-Mission", through a special incentive scheme to boost industrial eco-system around its five integrated steel plants at Bhilai, Rourkela, Bokaro, Durgapur and Burnpur.

First Coil rolled out from new Hot Strip Mill of SAIL-Rourkela Steel Plant

New Delhi / Rourkela/IBNS: Steel Authority of India Limited’s (SAIL’s) Rourkela Steel Plant (RSP) on Monday said it has achieved a new feat by successfully rolling out the first coil from its newly installed world class Hot Strip Mill-2 (HSM-2), last week.

SAIL Chairman appreciates Union Budget

New Delhi/IBNS: SAIL Chairman Anil Kumar Chaudhary appreciated the Union Budget and said it is promising and full of oppurtunities.

SAIL records a growth of 47 % in December sales

New Delhi/IBNS: Public Sector steelmaker Steel Authority of India Limited (SAIL) welcomed the New Year – 2020 at a function held at the Company’s Headquarters in New Delhi on Wednesday.

SAIL records more than 36% jump in November’19 sales

New Delhi/IBNS: Steel Authority of India Limited (SAIL) has recorded more than 36% jump in sales during the month of November 2019 on year on year basis.

SAIL clocks best ever Q2 hot metal and crude steel production in second quarter of FY20

New Delhi/IBNS: Steel Authority of India Limited (SAIL) declared the results for the Second Quarter of the current Financial Year (Q2 FY’20) on Friday.

Amit Sen assumes charge as SAIL’s Director Finance

New Delhi/IBNS: Chartered Accountant Amit Sen took charge as Director (Finance) of Steel Authority of India Limited (SAIL) on Tuesday.

After three loss making years, SAIL records profit in 2018-19, expansion on cards

New Delhi, May 31 (UNI) After three consecutive years of losses, Steel Authority of India Limited (SAIL) has bounced back into black with net profit after tax of Rs. 2178.92 core in financial year 2018-19 as against a net loss of Rs. 481 crore in 2017-18.

SAIL introduces pension scheme for SAIL ex-employees and employees

New Delhi, Apr 30 (IBNS): In line with the guidelines issued by the Department of Public Enterprises (DPE), Government of India and with the approval of the Ministry of Steel, Steel Authority of India Ltd. (SAIL) has introduced its pension scheme for the benefit of its eligible ex-employees and employees.

SAIL posts net profit of Rs. 616 Crore in third quarter of FY19

New Delhi, Feb 7 (IBNS): Declaring the results for the third quarter of this Financial Year (FY) 2018-19 for October–December 2018 quarter, Steel Authority of India Limited (SAIL) posted a profit (Profit After Tax) of Rs 616 Crore in Q3 FY’19, which stood at Rs 43 Croreduring the corresponding period last year.

SAIL expected to supply 10 lakh tonnes of steel for railways track in 2018-19

New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works.

SAIL expected to supply 10 lakh tonnes of steel for railways track in 2018-19

New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works. 

HN Rai assumes charge as SAIL’s Director Technical

New Delhi, Aug 1 (IBNS): Harinand Rai has on Wednesday assumed charge as the Director (Technical) of Steel Authority of India Ltd. (SAIL).

SAIL supplies 60,000 tonnes of steel material for 111-km-long Jiribam-Tupul-Imphal new broad gauge railway project

New Delhi / Guwahati, June 19 (IBNS): Steel Authority of India Ltd (SAIL) on Tuesday said it has supplied around 60,000 tonnes of steel material for the 111-km-long Jiribam-Tupul-Imphal new broad gauge railway project.