Steel Authority of India (SAIL) has registered sales of 1.14 million tonnes (MT) in January 2014, up by 10% compared to same month last year (SMLY). The cumulative sales growth by SAIL for the April 2013-January 2014 period was a robust 8%, as sales rose to 9.84 MT from 9.09 MT in the corresponding period last year (CPLY) backed by a surge of 47% in its exports.
Most products in SAIL basket registered a considerable increase in sales this January sales of Flat Steels rode the wave by growing by 23.5% over SMLY. Cumulative sales growth for Flat Steels in the ten-month period over CPLY was 10.6%.
The upsurge in sales registered by the company has been a result of concerted efforts made by SAIL towards producing tailor-made steel to meet customer requirement. The plants and units of SAIL kept pace with this aggressive sales strategy, by increasing production of saleable steel by 4% in April’13-Jan’14 period, at 10.74 MT.
Most products in SAIL basket registered a considerable increase in sales this January sales of Flat Steels rode the wave by growing by 23.5% over SMLY. Cumulative sales growth for Flat Steels in the ten-month period over CPLY was 10.6%.
The upsurge in sales registered by the company has been a result of concerted efforts made by SAIL towards producing tailor-made steel to meet customer requirement. The plants and units of SAIL kept pace with this aggressive sales strategy, by increasing production of saleable steel by 4% in April’13-Jan’14 period, at 10.74 MT.
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