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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
  • Consolidated total income of Rs 45,995.24 crore (US$ 6.58 billion) in 9MFY20
  • Saleable steel production at 15.76 million tonnes in 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. SAIL mined a total of 32.40 million tonnes of iron ore, fluxes and coal in FY20.

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


Government allowed SAIL to sell 25 per cent of its total iron ore produced in open market.


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 became the second largest steel producer of crude steel in 2019 with steel production at 111.2 MT.