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SAIL records 12% higher May sales

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Announcement Corporate

In May ’09, Steel Authority of India Ltd (SAIL) recorded best-ever monthly sales in the domestic market of about 1 million tonnes, which is higher by 12% over May ’08. With this, domestic sales of steel by SAIL during the first two months of the current financial year stood at about 1.9 million tonnes, 21% higher than CPLY.

SAIL produced around 1.1 million tonnes of saleable steel during May ’09 which is 5% higher than CPLY. Production of special steels and high value-added items went up by 12%, touching 4 lakh tonnes, during the month.

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First Published: Jun 02 2009 | 7:14 PM IST

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