SAIL registers a 35% rise in sales in January 2020

Steel Authority of India Limited (SAIL) has registered a 35 percent rise in sales to 16.59 lakh tonne in January 2020 over the corresponding period last year.

During the ten-month period ranging from April 2019 to January 2020, the company has reported a 10.8 percent jump in sales over the same period last year. SAIL maintained its consistent sales growth in January 2020, continuing from the increased sales growth of 47 percent and 36 percent during December and November 2019 respectively. The company reported that it has produced more than one- million tonnes of prime rail in ten months (Apr’19–Jan’20), registering a 37 percent growth over the previous year. SAIL exported 1.82 lakh tonnes of steel during January’20, which is also the best ever export performance by the company in any month.

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