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Showing posts from July, 2020

Steel Authority of India overview

Steel Authority of India Limited  ( SAIL ) is an Indian state-owned steel making company based in  New Delhi, India . It is a public sector undertaking, owned and operated by the  Government of India  with an annual turnover of INR 66,267 Crore (US$9.32 Billion) for  fiscal year  2018-19. Incorporated on 24 January 1974, SAIL has 69,808 employees (as of 01-Feb-2020). With an annual production of 16.30 million metric tons,  SAIL is the 20th largest steel producer in the world and the 3rd largest in India .  The Hot Metal production capacity of the company will further increase and is expected to reach a level of 50 million tonnes per annum by 2025.  Sri Anil Kumar Chaudhary is the current Chairman of SAIL.  SAIL operates and owns 5 integrated steel plants at  Bhilai ,  Rourkela ,  Durgapur ,  Bokaro  and  Burnpur ( Asansol ) and 3 special steel plants at  Salem ,  Durgapur  and  Bhadravat...