The Parliamentary Standing Committee on Coal and Steel expressed concern about the lack of progress in the production performance of the Steel Authority of India (SAIL). During each of the last four years, the firm's production remained stagnant around 14.5 mn t of hot metal, 13.6 mn t of crude steel, 12.8 mn t of saleable stee
Tag: Modernisation
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SAIL undertakes expansion project
The Minister of Steel, Beni Prasad Verma informed that the Steel Authority of India Limited (SAIL) has undertaken modernisation and expansion plan at its five integrated steel plants Bhilai Steel Plant (BSP) at Bhilai, Bokaro Steel Plant (BSL) at Bokaro, Rourkela Steel Plant (RSP) at Rourkela, Durgapur Steel Plant (DSP) at Durgapur and IISCO Steel Plant (ISP) at Burnpur and Spe
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Stainless steel: Applications in Railways
Stainless steel consumption in the railway sector has been gaining steadily, on account of its duraĆĀbility, higher strength-to-weight ratio, aesĆĀthetics and corrosion resistance qualities.
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SAIL to focus on upgrading captive mines
In order to meet the increase in iron ore requirement following the expansion of its steel plant, Steel Authority of India (SAIL) is in the process of upgrading its captive ore mines. The company plans to raise its iron ore production to 39 million tonne per annum in line with its mega expansion plan of producing over 23.6 million tonne per annu
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SAIL’s special product output rises 4% in FY13
Steel Authority of India (SAIL) produced over 5 million tonne (mn t) of special steel products designed for specific end-use in 2012-13. This is a growth of 4 percent over the last fiscal. SAIL's Bokaro unit introduced ultra high strength hot rolled and cold rolled (CR) steel, for use in auto body components in
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SAIL to focus on research and development
State-run Steel Authority of India (SAIL) plans to focus on research and development and technological upgradation in the areas of raw materials and product development in order to increase its efficiency. As part of this plan, the leading steel maker in the country decided to raise its R&D spending to 1 per cent of gross sales every year from the current level of arou
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RSP to complete expansion, modernisation project
Rourkela Steel Plant (RSP) may be able to increase its steel output as it is almost completing the Rs 12,000 crore expansion project, which would double its production capacity from 2 mn t to 4.5 mn tpa (million tonne per annum) of hot metal. The project would also increase its crude steel and saleable steel capacity. The company is also expected to commission the new 4,060 cubic metre blast furnace, large
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SAIL imports 75% of coking coal requirement
Steel Authority of India (SAIL) imports 75 percent of its requirement of coking coal from foreign countries and the rest through captive mines and domestic sources. This information was given by the Minister of State for Commerce & Industry, D Purandeswari in a written reply in the Lok Sabha. The company has to rely on imports for substantial consumption of coking coal because of the limited availa
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SAIL, Posco in talks over steel plant project
State-run firm Steel Authority of India (SAIL) has been in discussion with POSCO for setting up a FINEX technology based steel plant of around 3 Million Tonne Per Annum (mn tpa) hot metal capacity as a joint venture at Bokaro Steel Plant. It is estimated that around 1,100 acre land would be required for this purpose. SAIL and POSCO have not reached an agreement on the share holding structure of the j
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Govt completes only 82 projects under NMDP
Till December 2012, only 82 of the 276 projects for increasing capacity and modernisation at 12 major ports were completed under the National Maritime Development Programme, official data shows. While the government abandoned some projects under the programme, a large number of the total projects have been delayed. Besides, scores of them are still at the planning stage