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Steel Authority of India Limited (SAIL)

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Steel Authority of India Limited (SAIL)

  • Largest steel producer in India
  • Maharatna Central Public Sector Enterprise
  • Five integrated steel plants
  • Standalone total income of Rs 67,500.13 crore (US$ 9.65 billion) in FY19
  • Crude steel production 3.930 MT in Q1 FY20

Steel Authority of India Limited (SAIL) is the largest steel-making company in India and one of the seven Maharatna’s of the country’s Central Public Sector Enterprises.

The company produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products

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Steel Authority of India Limited (SAIL) – There’s a little bit of SAIL in everybody’s life


Modernised and expanded Bhilai Steel Plant dedicated to the nation


Inauguration of Steel Processing Unit (SPU), Kandrori, by the Prime Minister of India


Signed an MoU with POSCO on technical collaboration for operational improvements and human resource development


Inaugurated a new sinter plant and coke oven battery at Bhilai


SAIL's Bhilai Steel Plant awarded the National Energy Conservation Award 2013


Government of India accorded 'Maharatna' status to the company


Bharat Refractories Ltd was amalgamated with the company


Undertook a modernisation and expansion plan with an indicative cost of Rs 40,000 crore (US$ 8.83 billion)


Implemented major projects including upgradation of Blast Furnace (BF) - 3


Signed an MoU with Egypt's public sector Metallurgical Industries Corporation (Micor) for establishing a modern technical and management training centre


Undertook a marketing tie-up with Tyazprom Export (TPE) of Russia


Set up an R&D unit at Ranchi to promote continuous improvement in critical performance indices


Came up with a modernisation programme to revamp and technologically upgrade Bhilai Steel Plant


Acquired 60 per cent stake in Visvesvaraya Irons & Steel Co Ltd


Salem steel plant was inaugurated at Salem, Tamil Nadu


SAIL International Ltd was incorporated to coordinate the export and import business


Incorporated on January 24, 1973


Updated: May, 2019

India’s finished steel consumption is anticipated to increase to 230 MT by 2030-31