Bokaro Steel Plant a unit of Steel Authority of India limited (SAIl) achieved an impressive first quarter (Q1) production in the current fiscal through meticulous planning and concerted efforts.
The Plant posted 4.2 percent growth in production of Hot Rolled Coil (HRC), 11.5 percent in Saleable Steel and a substantial 46 percent jump in Special Steels production in June ‘13 compared to CPlY. A production growth of 3.8 percent in Cast Slab, 1.3 percent in HR Coil, 9.7 percent in Saleable Steel and 8.8 percent growth in Special Steels were registered in Q1 compared to CPlY, BSl officials informed.
Hot Strip Mill (HSM) and Sintering Plant (SP) achieved 100 percent fulfilment of annual plan (APP) in June’13. The caster shop of SMS-II achieved 128 percent capacity utilization during June ‘13 and 129.7 percent in Q1 (2013-14). Backed by good production and sound logistic management, the HR Coil despatch figures of 0.2 MT in June and 0.6 MT in Q1 were new records for the respective periods.
Close on the heels of posting growth in Hot Metal (2.8 percent), Crude Steel (3 percent), Saleable Steel (0.1 percent), Cast Slab (1 percent) and HR Coil (4.1 percent) production during fiscal ‘13 with only four of the five Blast Furnaces in operation, the Plant is upbeat with its consistent improvement in Q1 of fiscal ‘14. The upcoming Cold Rolling Mill-3 is ready for trials, following which it will start contributing to the wide product portfolio of this exclusively flat steel producing plant.
Momentum gained on the production front was matched with significant strides in some major CSR initiatives. A group of nine boys from the primitive Birhor tribe who had completed their +2 exams courtesy Bokaro Steel’s Gyan Jyoti Yojana under CSR, were inducted for free ITI training to enhance their employment prospects.