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31 May
10:45

Sail to complete new BF after shipments increase

Steel Authority of India (Sail) is working on completing its technological modernisation and expansion to meet the expected demand surge from state-driven infrastructure development. This follows a 3% on-year increase in sales in the fiscal year through March (FY16) to 12.1 million tonnes. FY16 shipments were boosted by a 19% on-year surge in fiscal-fourth-quarter (FQ4) sales to 3.79mt. New grades of plate and structural steel introduced in FQ4 also supported hi…
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