Steel Authority of India Limited (SAIL), reported 20.14 million tonnes (MT) sales in fiscal 2025-26, 11.5% higher than the previous year's 18.07 MT. The public sector undertaking delivered its best-ever crude steel output at 19.43 MT and saleable steel production at 19.176 MT.

A company statement said new benchmarks have been achieved in both sales and production. This was possible by achieving record supplies of 1.25 MT to Indian Railways, along all-time high long rail production from the Universal Rail Mill. Exports surged to 2.9 Lakh Tonnes, registering a 162% growth, with SAIL successfully expanding into new international markets, including Bhutan.

Krishna Kumar Singh, SAIL's director-personnel also assumed additional charge of Chairman & Managing Director on Thursday. He has close to four decades of extensive experience across diverse functions including steel plant operations and maintenance, human resource development, vigilance, and personnel and administration.

Last week, the Public Enterprises Selection Board (PSEB) recommended Ashok Kumar Panda, currently director-finance at SAIL, to the post of chairman and managing director of the state-run steelmaker. Panda also held the additional charge of director-commercial at SAIL before TN Natarajan was appointed to the post.

Source: The Economic Times 

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