October 12, 2008

SAIL BSP posts best ever performance in 2007-08

IANS reported that Steel Authority of India Limited’s Bhilai Steel Plant has recorded its best ever performance in 2007-08 in the production of hot metal, crude steel and saleable steel.

Mr R Ramaraju MD of SAIL BSP said “BSP notched up the best ever performance in just ended fiscal 2007-08, crossing the five million tonne mark in the production of hot metal as well as in crude steel for the second time.”

Mr Ramaraju said that “During 2007-08, BSP achieved the best ever annual production of 5.268 million tonnes of hot metal, 5.054 million tonnes of crude steel and 4.427 million tonnes of saleable steel. This works out to 112.4%, 129% and 140% of rated capacity respectively.”

He added that “BSP surpassed its previous best performance by a good margin. While all previous records of finished rails and plates, merchant products and wire rods production have been smashed, a significant achievement in 2007-08 was the quantum jump in the production of value added special steel products and development of new product grades.”

Mr Ramaraju said that nearly two decades after its last expansion to 4 million tonnes, 2007-08 also saw the ground getting cleared for new structures. He added that the landscape inside the plant was also changing to make way for modern, state of the art blast furnace, steel melting shops and finishing mills as laid out in SAIL’s corporate plan.