The Hindu Business Line : SAIL registers record output, sales in '05-06

The record sales were driven by exports and domestic demand. Exports by SAIL at half a million tonnes showed a growth of 32 per cent. Significant growth was recorded in the sales of structurals (10 per cent), wheels and axles (seven per cent), steels to Railways (five per cent) and wire rods (24 per cent).

Other achievements

The company also had several other firsts: It developed and supplied special steel as an import substitute for building naval warships for the first time. Rails of 260-metre length were also produced for the first time for the Railways.

Efficiency

In addition, the company attained new heights in efficiency parameters during the year by adopting new operational initiatives such as alternate fuel injection. Labour productivity rose by 11 per cent to the level of 150 tonnes per man per year during 2005-06.

In tune with the target set in its corporate plan 2012, SAIL operated all its blast furnaces in 2005-06 at record-breaking 107 per cent average capacity utilisation, enabling best-ever production of hot metal at 14.6 mt (11 per cent growth) and crude steel at 13.5 mt (eight per cent growth), leading to six per cent increase in saleable steel output.

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SAIL registers record output, sales in '05-06