Rastriya Ispat Nigam Limited, the flagship company of Visakhapatnam Steel Plant (VSP), achieved sales of Rs 1,080 crore in August, 2009, its best for any August since inception, despite recession, a company release said
Sale of saleable steel stood at 334,000 tonne in August 2009, registering a growth of 148 per cent over the corresponding month last year. Similarly, value-added steel registered a growth of 133 per cent at 226,000 tonnes during the period.
During April-August, 2009, the company sold 1 million tonne of saleable steel, a growth of 11 per cent over the corresponding period last year while pig iron sales stood at 241,000 tonne up 162 per cent over the corresponding period last year. Value added steel grew 10 per cent at 810,000 tonnes, the release added.