Steel Authority of India Limited announced record production milestones during the April-September half of FY27. The company said it produced 10.2 million tonnes of hot metal and 9.6 million tonnes of crude steel. Chairman A K Panda said, "These record achievements reflect the collective commitment of our workforce towards efficiency."
Central Public Sector Enterprise, Steel Authority of India Limited (SAIL) on Monday announced achieving several best-ever milestones across production, sales and efficiency parameters, during April-September half (H1) of FY27.
According to a statement by the company, it recorded its best-ever production in hot metal, crude steel and finished steel at 10.2 million tonne (MT), 9.6 MT and 8.39 MT, registering 2 per cent, 1 per cent and 1 per cent growth, respectively, over the same period last year. The percentage of finished steel production in total saleable steel production improved to 89.2 per cent, up from 86.8 per cent. Focusing on high NSR products, SAIL achieved its best-ever April-September high-end steel production of around 2 MT, reflecting 30 per cent growth.
"These record achievements in the first half of FY26-27 & September reflect the collective commitment of our workforce towards efficiency, innovation and sustainable growth. With broad‑based production strength and a sharper focus on high-end steel, SAIL is well positioned to contribute even more strongly to India's industrial progress in the months ahead," said A K Panda, Chairman & Managing Director of SAIL.
Further, the company said that both iron ore production and iron ore sales also recorded their best-ever April-September performance, with iron ore production growing 13 per cent and iron ore sales rising sharply to 2.671 MT, a 190 per cent increase. During the period, the dispatches to Indian Railways for Long rails and Wheels & Axles grew by 7 per cent and 3 per cent respectively.
In September itself, concerted marketing focus and efficiency enhancements yielded strong results, with SAIL achieving its best-ever September saleable steel sales of 1.69 MT, a 4 per cent growth over September of last fiscal. The Company's exclusive retail branded product, SAIL SeQR TMT bars, recorded its highest sales of more than 1.5 lakh tonnes, while Tier-II retail sales grew 3 per cent. The month also recorded best ever September sales for specific products like - Structurals, Plate Mill plates and GP sheets/coils.
The percentage of finished steel production in total saleable steel production improved to 92 per cent, compared to 89 per cent in September 2025. The fuel rate improved to 551 kg/thm, the best-ever September performance with a 1 per cent improvement. Like the cumulative April-September trend, both iron ore production and iron ore sales registered their best-ever September performance. Iron ore production was up 8 per cent compared to September 2025, while iron ore sales surged to 0.492 MT, marking a record September with 134 per cent growth over September 2025. The Company also achieved inventory reduction of about 0.192 MT and borrowing reduction of approximately ₹208 crore during the month.