State-owned Steel Authority of India Ltd. (SAIL) on Tuesday said that its production of value added steel during the fiscal year 2013 rose by four percent to 5 million tonne (MT) from the 4.83 MT in 2011-12, as it added several new products in its portfolio.
"FY 2012-13 closed on a good end for SAIL, as the company registered four percent growth in the production of value added steel over the last fiscal. SAIL remained at the forefront... by producing over 5 million tonne of these special steel products," the company said.
It further said that its energy consumption grew by three percent last fiscal, while its blast furnace productivity was up five percent.
It, however, did not disclose the production figures for hot metal, crude steel and saleable steel.
SAIL said its Bhilai steel plant developed special soft iron magnetic plates last year for the prestigious India-based Neutrino Observatory (INO) project of Bhabha Atomic Research Centre (BARC). The INO project is considered to be one of the biggest experimental nuclear physics projects undertaken in the country and SAIL has proposed to supply 50,000 tonne of soft iron plate for the project.
Besides, its Bokaro and Salem steel plants started certain grades of hot rolled coils (HR-coils) production which are tailor-made for wagons of Indian Railways, while the Bhilai and Rourkela plants developed a new grade plates which finds application in pressure vessels.
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