The country's largest steel maker SAIl posted a 7 per cent rise in sales at 5.5 million tonnes in the first five months of the ongoing fiscal, helped by production ramp-up. “Steel Authority of India ltd (SAIl) witnessed a growth of 7 per cent in total sales during the April-August 2017 period over the corresponding period last year,” according to a company spokesperson.
The sales growth was on account of ramping up of output, aggressive marketing and sale of new products, he said. “During this period, domestic sales showed improvement in both long and flat products enabling SAIl to increase its market share to 14.6 per cent from 13.4 per cent,” the spokesperson added.