State-run steel major Steel Authority of India Limited (SAIL) achieved its highest-ever sales in the April–February period of FY26, as per the Ministry of Steel. SAIL reported total sales of 18.24 million tonnes (MT) during the first 11 months of the financial year, marking a 14% year-on-year growth.
The company also recorded its highest-ever cash collection of Rs 1.11 lakh crore, a 10% increase from the previous year. Notably, stockyard sales and door deliveries saw significant improvements, reflecting SAIL’s customer-centric approach.
In February 2026, SAIL’s total sales reached 1.58 MT. Additionally, the company reduced its inventory by 1.05 lakh tonnes compared to January 2026 and decreased borrowings by Rs 1,000 crore.
Responding to market demands, SAIL reintroduced the production of chequered plates to meet sector requirements, with production initiated at the Bokaro Steel Plant in Jharkhand. A.K. Panda, Director (Commercial) in charge, emphasized the company’s commitment to financial discipline and agility in meeting market needs.
