WebFeb 4, 2024 · With the new furnace on-stream, SAIL Bhilai Steel Plant's hot metal capacity will go up to 7.5 million tonnes per annum from the present production level of around 5 MT, SAIL said in a statement. WebAug 10, 2024 · SAIL to undertake massive capacity expansion. According to a recent news release issued on August 8, 2024, the Steel Authority of India's current capacity is 20.63 million tonnes per annum. SAIL intends to raise its crude steel production capacity to 35 million tonnes per year by 2030-2031, in line with the expected rise in crude steel ...
Crude steel output at SAIL rises to record high of 18.29 MT in FY23
WebThe Indian government’s approved National Steel Policy (NSP) 2024 envisages 300 million tonnes (MT) steel-making capacity and 160 kgs per capita steel consumption by 2030-31. India’s steel ... WebAug 12, 2024 · Steel major SAIL is planning to increase its crude steel production capacity to around 35 mnt in line with the country’s aim to produce 300 mnt of crude steel by CY30. An investment of INR 110,000 crores will be made for the capacity expansion. The current crude steel production capacity of the company is 20.63 mnt. initiative images
PERFORMANCE OF SAIL - Ministry of Steel
WebApr 4, 2024 · On account of India’s rapid industrialization and modernization, the sector has grown exponentially from a small capacity of 22 MT in FY 1991 - 92 to become the 3 rd largest producer of steel in the world with a production of 90 MT and a capacity of 122 MT in FY 2015 - 16 contributing to about 2% of the country’s GDP and employing about 5 ... WebDec 23, 2024 · According to Anirban Dasgupta, Chief Executive Officer, BSP, plans are afoot to enhance the production capacity to 10 mt by 2030. Work on the next phase of … WebAug 9, 2024 · Government-owned SAIL has also announced capex plans to increase its capacity to 50 million tonnes by 2030 from the present level of approx 19 million tonnes. This is in line with the National Steel Policy of 2024 which estimates India’s steel production capacity to hit the 300 million tonnes mark by 2030. Tata Steel Vs SAIL – Key Metrics mnbr4 2- hybridization