Indian state-owned steel company SAIL has increased sales by 35%
In January 2020 controlled by the government of India steel company Steel Authority of India Limited increased sales of steel products in physical terms by 35% to 1,659 million tons. During the ten-month period from April 19 to January 20 the company's sales rose 10.8% compared to the previous corresponding period, it said in a statement.
Company SAIL< / span> said that she was able to maintain a stable sales growth in January 2020, with sales increasing by 47% and 36% compared with November and December 2019, respectively. In January 2020 SAIL exported 182 thousand tons of steel, which is also the best-ever level of exports of the company.
SAIL reported that the production of primary train production exceeded one million tons in ten months (from April 19 to 20 January), an increase of 37% compared to the previous year. The company attributes this deliberate strategies that helped her to overcome the challenging market situation.