Bhilai Steel Plant has concluded the first quarter period, April to June, of the fiscal year 2013-14 on a strong note with the Plant surpassing its Annual Business Plan (ABP) targets for the third consecutive month in June ’13.
“For the month of June 2013, the Plant recorded fulfillment of 104.0 percent, 101.0 percent and 100.2 percent of ABP targets in hot metal, crude steel and saleable steel production, respectively,’’ claimed a press statement of the BSP which is the highest profit-making unit of the public sector Steel Authority of India ltd (SAIl).
The Plant has achieved the first quarter (Q1) targets successfully, recording fullfillment of 102.4 percent, 100.3percent and 100.1 percent of ABP targets in Hot Metal, Crude Steel and Saleable Steel production, respectively. Cumulatively, the Plant has registered a growth of 1.3 percent, 1.3 percent and 6.8 percent hot metal, crude steel and saleable Steel production, respectively, over production volumes recorded in Q1 period of previous fiscal 2012-13.
Among the other highlights of BSP’s performance in June 13 is enhancing the loading of saleable steel to 3,73,311 Tonnes, thereby recording the best June performance. The Plant’s Rail and Structural Mill recorded its best-June by dispatching 25,559 T of 26 metre rails. Despatches of UTS 90 rails at 66,732 T is also the best achieved in any June month so far. The Plant’s Steel Melting Shop-II has in fact recorded its best June production of 2,18,000 T of crude steel.
Production of slabs from SMS 2, light Structurals in Merchant Mill and Heavy Structural in Rail &Strl Mill were 114.4, 115.3 and 123.5 percent of the ABP targets.