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Business News›Industry›Ind'l Goods/Svs›Steel›SAIL output grows 8 per cent in August; sales up 13 per cent

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SAIL output grows 8 per cent in August; sales up 13 per cent
Synopsis

Steel Authority of India Limited has announced an impressive eight percent increase in crude steel production, with total sales surging by thirteen percent in the same timeframe. Notably, the company has made substantial reductions in its overall borrowings. This financial enhancement comes after the reporting date of March 31, 2026. SAIL continues to hold its status as a top player in India's steel industry.

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New Delhi: Steel Authority of India Ltd (SAIL) on Friday said its crude steel output rose by 8 per cent year-on-year to 1.68 million tonne in August 2026.



In the year-ago month, the output was 1.55 million tonne, a company statement said.

Total sales last month stood at 1.87 million tonne (MT), registering a 13 per cent increase over 1.65 MT in the year-ago period.

SAIL said it has strengthened its financial position, reducing borrowings by Rs 870 crore from the March 31, 2026 level.



SAIL, under Ministry of Steel, is among India's leading steel manufacturing companies having an annual production of over 20 MT.

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