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SAIL achieves highest ever June month sales during June’20

SAIL has achieved the highest ever June month sales during June’20. The domestic and export sales stood at 12.77 Lakh Tonnes which is a jump of more than 18% over the corresponding period last year . In June’20, the Company has also recorded the highest ever exports for any month. It exported 3.4 Lakh tonnes steel during this period. It also achieved the best ever June dispatches of Rails to the Indian Railways in June’20.

Incidentally, for the first time in the Country, SAIL flagged off the first rake of R-260 grade Vanadium alloyed high strength 260 meter rails to the Indian Railways, capable of delivering higher speed and bearing higher axle load. In addition, SAIL has also sold 42 thousand Ton of Pig Iron during June’2020.

Petroleum Minister Dharmendra Pradhan congratulated the SAIL collective for achieving the feat and said, “Record June sales and exports by SAIL is indicative of the buoyancy and sharp recovery our economy is witnessing. Under the leadership of Prime Minister Narendra Modi, India will turn every challenge into an opportunity with Ispati Irada and script success story of an Aatmanirbhar Bharat.”

The Nation has entered into Unlock 2 phase and gradually the pace of industrial activities has started picking up. The market is looking up along with the consumption and SAIL is geared up to leverage all its potential to meet the demands in the Country. At the same time, avenues in export market have also opened up and SAIL is relentlessly working to meet the demand generating from the new vistas. This remarkable performance of the Company is a testimony of the SAIL’s commitment towards Atmanirbhar Bharat and contribution in ‘vocal for local’.

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