SAIL's November Sales up 10% to 9.7 Lakh Tonne - The New Indian Express

SAIL's November Sales up 10% to 9.7 Lakh Tonne

Published: 05th December 2013 04:14 PM

Last Updated: 05th December 2013 04:14 PM

Steel Authority of India Ltd (SAIL) today said its sales grew by 10 per cent in November to 9.7 lakh tonne as renewed marketing efforts yield results.

"Backed by a renewed thrust on marketing, SAIL achieved total sales of 9.7 lakh tonne in November 2013, registering a 10 per cent growth over same month last year," the state-run steel-maker said in a statement.

While domestic sales were at 9.1 lakh tonne, exports zoomed three-fold to 61,000 tonne in November, compared to a year ago.

"The company accelerated its export sales, with shipments to the tune of 61,000 tonne during November 2013 representing a three-fold growth over the same month last year." it said.

Cumulative exports during the April-November period were up by 72 per cent at 3.2 lakh tonne, SAIL said.

The PSU, which is expanding its capacity with Rs 72,000 crore investment, said a rebuilt coke oven battery at Durgapur Steel Plant has recently been commissioned.

"Rebuilt at a cost of Rs 213 crore, this battery will augment the capacity of saleable steel from the present level of 1.60 million tonne to 2.12 MT," SAIL said.

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