SAIL set to leverage domestic growth potential

New Delhi: Addressing the 45th Annual General Meeting of Steel Authority of India Ltd. (SAIL) held here today, Chairman SAIL, Shri PK Singh was confident of improvement in Company’s performance starting this financial year (FY 2017-18) backed by several management initiatives in every area of operations. Shri Singh said that, “Given the current stage of development in Indian economy and the likely growth path for Country’s economy in next decade, the steel demand in India will witness significant growth in future. 

 

Shri Singh added that, “SAIL has done significant value addition in its product mix, with higher grades of steel like API X-70 from RSP’s New Plate Mill for the oil & gas sector, SAIL HT-600 for the automotive sector and high strength LPG steel grade from Bokaro Steel Plant, etc.