New Delhi, April 4 (IANS) The Steel Authority of India Limited (SAIL) has played a pivotal role in the construction of ‘INS Taragiri’ — the fourth stealth frigate under Project 17A — which was commissioned into the Indian Navy recently, the Maharatna PSU said on Saturday.The 6,670-tonne frigate was commissioned in the presence of Defence Minister Rajnath Singh at Visakhapatnam.Designed by the Navy’s Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited, the vessel is equip…
Latest Steel Authority of India Limited News & Updates
New Delhi, April 2 (IANS) India’s largest steelmaking public sector company, Steel Authority of India Limited on Thursday said it recorded best‑ever sales of 20.14 million tonnes (MT) in FY26, up 11.5 per cent over the prior year’s 18.07 million tonnes.This growth was broad-based, with sales rising across all product categories, the company said.Crude steel output reached a record 19.43 MT and saleable steel production hit 19.176 MT, surpassing previous records.The company claimed that suppl…
New Delhi, March 11 (IANS) State-run steel major Steel Authority of India Limited (SAIL) has reported its highest-ever sales during the April–February period of FY26, the Ministry of Steel said on Wednesday.The Maharatna PSU recorded total sales of 18.24 million tonnes (MT) during the first 11 months of the financial year, registering a 14 per cent year-on-year growth, the company said.During the same period, the steel producer achieved its highest-ever cash collection of Rs 1.11 lakh crore, a…
New Delhi, Feb 25 (IANS) Steel industry veteran Jatinder Mehra on Wednesday passed away — marking the end of an era for India’s metals and mining sector.With a career spanning more than six decades, Mehra was widely respected for his technical knowledge, sharp strategic thinking and the ability to turn ambitious ideas into successful large-scale projects.Mehra served as Vice Chairman of the Metals and Mining Division at Essar Group, where he played a crucial role in guiding the group’s stee…
New Delhi, Feb 3 (IANS) Steel Authority of India Limited (SAIL), one of the country’s largest steel-making companies and a Maharatna public sector enterprise, on Tuesday announced it has achieved its highest-ever cumulative sales during the April to January period of the current financial year.The company recorded total sales of 16.6 million tonnes during this period in FY 2025–26, showing a strong growth of 16 per cent compared to 14.3 million tonnes in the same period last financial year, …
New Delhi, Jan 5 (IANS) Maharatna public sector company Steel Authority of India Limited (SAIL) has clocked a 37 per cent jump in sales volume for December at 2.1 million tonnes (MT), compared with the corresponding figure of 1.5 MT achieved in December 2024.”This is the best ever showing for the month of December, and saw the company scale new peaks across product categories and different sales channels with significant inventory reduction. The performance was buoyed by maintaining a strong foc…