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DSP posts 5% growth in steel output

DSP posts 5% growth in steel output

The production of saleable steel by the Durgapur Steel Plant of SAIL rose 5 per cent in January from the year-ago month.

The company also witnessed expansion in output across major categories such as hot metal, crude steel, continuous casting, blend mix and sinter during the month.

The company produced 121,150 tonne of special steel and value-added products, which is said to be the all-time best. In the finished steel category, the outputs of medium, structural and earthquake resistant TMT bars were at 104 per cent and 100 per cent of monthly targets.

During the period between April 2012 and January 2013, the plant registered 6 per cent growth in saleable steel production.

The firm is hopeful of sustaining the uptrend in production in the remaining two months of this financial year, PK Singh, CEO of DSP, said.

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