Salem Steel Plant divestment: Centre tries to get TN government on board
SAIL has also agreed to hand over nearly 1,600 acres of land which is part of the Salem Steel Plant, to the Tamil Nadu State government for facilitating the setting up of defence corridor and reportedly in lieu of facilitating the disinvestment. STEEL AUTHORITY OF INDIA LTD. - 500113 - Announcement under Regulation 30 (LODR)-Credit Rating
Review, Reaffirmation and Assignment of Credit Rating of Bank Facilities by Care Ratings Ltd
SAIL produces record 18.28 MT crude steel; 19.40 MT hot metal in FY23
State-owned SAIL has produced a record 18.28 million tonnes (MT) of crude steel during financial year 2022-23, registering a year-on-year rise of 5.3 per cent. The production of hot metal also rose by 3.6 per cent to 19.40 MT during the financial year ended March 31. In a statement, the Steel Authority of India (SAIL) said it has achieved the best-ever annual production during FY23. "The company recorded 19.409 MT hot metal and 18.289 MT crude steel production with a growth of 3.6 per cent and 5.3 per cent, respectively over the previous best in FY22," the statement added. The steel giant further said it is continuously ramping up its production over the years with a focus on more value-added and special-steel production. SAIL, under the Ministry of Steel, is the country's largest steel producer with an annual installed capacity of around 20 MT. It has five integrated and three special steel plants across various locations in the country. SAIL given in-principle nod to import wagon wheels: Nagendra Nath Sinha, Steel Secretary
Says, 'Discussions with suppliers and price negotiations will begin soon'
PM Modi hails SAIL for its best ever annual production in 2022-2023
Prime Minister Narendra Modi on Sunday hailed the Steel Authority of India Limited (SAIL) for its best ever annual production in the 2022-23 fiscal, and said this shows that not only in steel, but also in every sector the country is moving fast towards self-reliance. In a tweet in Hindi, SAIL said it has achieved its best ever annual production in FY 2022-23. During the period, the company registered a production of 194.09 lakh tonnes of hot metal and 182.89 lakh tonnes of crude steel which was a growth of 3.6 per cent and 5.3 per cent respectively over the previous best, the company said. Tagging SAIL's tweet, Prime Minister Modi said in Hindi on Twitter, "Many congratulations on this wonderful achievement! This production of SAIL shows that not only in steel, but the country is moving fast towards self-reliance in every sector." The prime minister also responded to Goa Chief Minister Pramod Sawant's tweet on the Solar Rooftop Online Portal http://goasolar.in developed by the Goa STEEL AUTHORITY OF INDIA LTD. - 500113 - Closure of Trading Window
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Four SAIL projects worth Rs 2,338 cr face delays, says Steel minister
Four projects of Steel Authority of India Ltd (SAIL) worth Rs 2,338 crore are facing delay due to reasons like delayed placement of orders and supply of materials/equipment, Parliament was informed on Monday. However, there is no cost overrun in these projects, Union steel minister Jyotiraditya M Scindia said in a reply to Rajya Sabha. As per the information provided by the minister, SAIL is executing a project of the modification in the washing circuit of CSW plant of Dalli mines at Rs 168 crore in Chhattisgarh and another project is installation of a new sinter plant with an investment of Rs 1,111 crore at its Bokaro Steel Plant in Jharkhand. SAIL is also rebuilding coke oven battery -2 (COB-2) along with augmenting coke handling and gas handling facility with an investment of about Rs 434 crore at its Rourkela Steel Plant in Odisha and rebuilding COB-7 & 8 at Rs 625 crore at Bhilai Steel Plant in Chhattisgarh, he said. "There is delay in projects...mainly on account of poor...
SAIL share price: Dividend stock dips on record date. Buy, hold or exit?
Dividend stock: SAIL share price is trading sideways in 80 to 88 range, believe stock market experts
Maharatna company SAIL declares interim dividend, check record date
One of India's largest steel producers and a Maharatna of the Central Public Sector Companies is Steel Authority of India Limited (SAIL). STEEL AUTHORITY OF INDIA LTD. - 500113 - The Record Date For The Purpose Of Payment Of Interim Dividend Is 24Th March, 2023.
The record date for the purpose of payment of Interim Dividend is 24th March, 2023.