Wednesday, December 10, 2008

SAIL BSP registers impressive growth in 8 months


Steel Authority of India Limited’s Bhilai Steel Plant has posted an impressive all round growth during the 8 months of the fiscal 2008-09. BSP has registered a growth in almost all areas at this critical situation.

The cumulative crude steel production during the period of April to November 2008 stood at 3.43 million tonnes up by 5% YoY. It would be interesting to note that the cumulative saleable steel production in this period moved up to 2.92 million tonne by 2.2% YoY. There was also a significant growth of 3.9% YoY in the loading of saleable steel to 2.89 million tonnes.

In case of sinter, the production moved up by 6.5% YoY to 4.97 million tonnes while for hot metal, the growth was 5.9% YoY to 3.58 million tons during April to November 2008.

Meanwhile the cumulative production of rails and semis also sustained the similar kind of growth rate and stood at 630,500 tonnes up by 6.1% YoY and 524,700 tonne up by 6.2% YoY respectively. During this period, the plant produced 814,600 tonne of plates.

The merchant products and wire rods were also no exceptions. The cumulative production of merchant products witnessed a rise of 7.8% YoY and reached 510,600 tonnes while for wire rods the rise was 4.1% YoY pulling to production to 434,000 tonnes.

There has been a 25% growth in rounds & bars production at merchant mill with a cumulative production of rounds and bars at 319,000 tonnes.

Apart from this, the cumulative production of high tensile plates, electrode quality wire rods, TMT wire rods, TMT bars and rods, the cast slabs and blooms along with loading of UTS 90 rails and loading of long rails, have been the best ever for any April to November period.

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