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03 Apr
13:39

Sail posts record shipments despite financial woes

Steel Authority of India (Sail) recorded sales growth of 21% on-year in March to 1.58 million tonnes, while deliveries in the fiscal year through March 2017 (FY17) rose 8% on-year to 13.14mt. These tonnages represent records for the month of March and a fiscal year respectively. Sail’s “…sustained and selective focus on increasing production and adopting newer marketing strategies are starting to yield results,” the Indian steelmaker say…
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