Rourkela Steel Plant (RSP), a unit of Steel Authority of India (SAIL), ended the fiscal 2005-06 with its best-ever annual performance since inception by registering robust growth in all major areas of operation. While production surpassed the earlier best levels, dispatches too reached a new peak.Hot metal production reached an all time high of 1.78 million tonnes (MT) paving the way for all time record in the production of crude steel at 1.66 MT besides all time record 1.62 MT in the production of total saleable steel. Together with enhancing the production levels, the steel plant made intensive efforts to move its products into the market. RSP's products sold well in the market.Saleable steel dispatches during the fiscal registered all time best figures of about 1.6 million tonnes. Significant growth was also achieved over 2004-05 in the production of its niche products like plates from plate mill (13 per cent), hot rolled plates (20 per cent), galvanised sheets (20 per cent), CRNO (24 per cent), CR Coils (10 per cent) and a 76 per cent in the production of spiral weld pipes.The steel plant worked with the strategy of maximizing production volumes throughout the year emphasizing on capacity utilization to bring down cost of production.At the same time focus was also on maximizing revenue earnings by concentrating on production of value added items from its wide range of finished products, increasing dispatches and reducing finished steel stocks to sustain profitability. That the strategy worked is evident from results.The performance of Rourkela Steel Plant during 2005-06 has been in conformity with the SAIL corporate plan 2011-12. Though the production targets for RSP in the corporate plan envisage steep growth in fiscal 2006-07, the enthusiastic RSP collective are confident of achieving the same.
