Don’t miss the latest developments in business and finance.

RSP scales new high in production in April

Image
BS Reporter Kolkata/ Bhubaneswar
Last Updated : Jan 21 2013 | 2:54 AM IST

Rourkela Steel Plant (RSP), a unit of Steel Authority of India Limited (SAIL), has started 2010-11 on a high note by posting best ever production figures of sinter, hot metal, crude steel and saleable steel for any month of April since its inception.

The steel plant clocked a sinter production of 2.9 lakh tonnes in April 2010, thereby recording a growth of nearly six per cent over April 2009.

Similarly, its hot metal output at 1.92 lakh tonnes in April was higher by seven per cent over the same month of the previous year.

RSP's crude steel and saleable steel production for April stood at 1.78 lakh tonnes and 1.59 lakh tonnes respectively.

This represented a growth of six per cent in crude steel and more than eight per cent in case of saleable steel compared to April last year.

The steel plant was able to register high production growth by maximizing capacity utilization with a view to controlling costs and thereby improving its profitability.

More From This Section

RSP continued to operate its major facilities much above the rated capacity, achieving capacity utilization of 115 per cent in sinter production, 117 per cent in hot metal, more than 114 per cent in crude steel and nearly 116 per cent in saleable steel production.

The growth in saleable steel production was backed by impressive growth in production of plates from plate mills (18 per cent), hot rolled coils for sale (14 per cent), hot rolled plates (5 per cent), galvanized sheets (29 per cent), CRNO (Cold Rolled Non-Oriented) steel from silicon steel mill (16 per cent).

Also Read

First Published: May 06 2010 | 12:10 AM IST

Next Story