Steel Authority of India Limited (SAIL) Chairman and Managing Director Dr. A.K. Panda highlighted the company’s strong performance in the first half of FY27, with multiple best-ever milestones in production, sales, operational efficiency and financial discipline.
SAIL achieved its highest-ever H1 production of 10.2 MT hot metal, 9.6 MT crude steel and 8.39 MT finished steel, while high-end steel production reached around 2 MT, registering 30% growth over the corresponding period last year. The company also recorded its best-ever H1 iron ore production and sales performance.
September further strengthened the momentum, with record saleable steel sales of 1.69 MT, up 4% year-on-year. SAIL SeQR TMT sales crossed 1.5 lakh tonnes, while several products, including structurals, Plate Mill plates and GP sheets/coils, recorded their best-ever September sales.
Dr. Panda said the record achievements reflect the collective commitment of SAIL’s workforce towards efficiency, innovation and sustainable growth. He emphasised that the company’s broad-based production strength, focus on high-end steel and continued efforts towards operational and financial efficiency would help SAIL play a stronger role in India’s industrial growth.