Steel Authority of India Limited (SAIL) conducted its 51st Annual General Meeting (AGM), at New Delhi. – Shri. Amarendu Prakash, Chairman, SAIL addressed the shareholders in the meeting, held through a virtual platform.
Addressing the company’s shareholders, Shri Amarendu Prakash, Chairman, SAIL, said that SAIL’s inherent strength and its endeavour to work on the company’s core areas in the recent past are the factors that gave him the optimism and belief that SAIL can face the uncertainty and volatility in the Steel Industry.He also mentioned that SAIL surpassed a turnover of Rs 1 Lakh Crore for the second consecutive year.
Summarising the company’s performance during FY 2022-23, he pointed out that SAIL achieved a record annual production performance of 19.4 million tonnes (MT) and 18.3 MT of Hot Metal and Crude Steel respectively, where all its integrated Steel Plants achieved their best-ever production, leading to the best ever Crude Steel capacity utilization of about 94%.
