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Steel Authority of India (SAIL)’s sales grew 8% on-year in the fiscal year ended 31 March 2022 (FY22) to 16.15 million tonnes, Kallanish notes. Crude steel production surged 14% to 17.36mt, against 15.21mt produced a year earlier (see Kallanish passim). In the March quarter, the firm’s crude steel production totalled 4.6mt, marginally up by 1%, whereas deliveries rose 9% to 4.71mt. “During FY22, the company has clocked its best-ever performance…
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