PSU NEWS
SAIL records best ever export volume in ten years
NEW DELHI. Steel Authority of India Ltd (SAIL) concerted efforts on increasing export shares has started to bear fruits. In the month of February, 2017 SAIL has achieved the best ever export monthly volume of steel in last ten years. A total of 1.03 lakh tonnes of steel was exported last month, which includes the first time shipment of CE marked plates from the New Plate Mill of SAIL's Rourkela Steel Plant to Europe.
The other products which contribute to this record exports include wire rods, hot rolled coil, billets and slabs. During the current financial year 2016-17 SAIL has already exported 6.82 lakh tonnes. The Company aims at exporting 10% of its total production and at doubling the volumes for next fiscal in FY 17-18 which will happen after tripling export volumes during the current fiscal.
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