SAIL's Bhilai plant sets records

Written by State Bureau | Bhilai, Apr 26 | Updated: Apr 27 2008, 08:07am hrs
The Bhilai Steel Plant of Steel Authority of India Ltd (SAIL) produced 5.268 million tonne of hot metal and 5.054m tonne of crude steel in the year to March 31, 2008, topping its earlier record set in 2005-06 when it became the first steel plant in India to cross a production of 5m tonne.

Operating above rated capacity in saleable steel for the 15th year in succession, Bhilai also recorded its best ever saleable steel production of 4.427m tonne, SAIL said in a release.

The plant recorded its best-ever finished steel production of 3.60m tonne.

Breaking all its previous records in production of finished rails and plates, merchant products and wire rods production, Bhilai also reported a sharp increase in the production of value-added special steel products and developed new product grades.

The Bhilai plant developed 12 new product grades, backed by its own research & development and modifications in the finishing mils.

During the year, it reported a special steel production of 2.17m tonne, which accounted for 48.8% of total saleable steel production as compared with 36.6% in 2006-07.

This growth in special steel production also contributed in a big way to its bottomline.

Bhilai said it adopted several strategies and new initiatives during the year to improve its performance and get a bigger share of the Indian steel market.