PSU NEWS
SAIL fails to steel the show on low net sales realisations
Mumbai. The country`s biggest steel producer, Steel Authority of India (SAIL), has not been able to increase its realisation per tonne in tandem with the value-addition it has done in its products in the last five years. Since 2008-09, SAIL has increased the share of value-added products in its overall portfolio by 10% from 3.75 million tonnes per annum (mtpa) to 5 mtpa against a saleable steel production of 12.5 mtpa. This is against a minimal increase of 2% in its realisation per tonne (a standard metric to gauge a per tonne sales revenue of steel companies), from R38,709 per tonne to R39,605 per tonne in 2012-13.
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