Steel Authority of India Limited Records Best-Ever Sales
Analysis based on 7 articles · First reported Apr 02, 2026 · Last updated Apr 02, 2026
The strong performance of Steel Authority of India Limited, with record sales and production, indicates a positive outlook for the steel sector. Increased supplies to India===Indian Railways also suggest continued infrastructure development in India.
Steel Authority of India Limited Limited (SAIL) reported its best-ever sales of 20.14 million tonnes (MT) in FY26, marking an 11.5% increase over the previous year. The company also achieved record crude steel output of 19.43 MT and saleable steel production of 19.176 MT. This growth was broad-based across all product categories, with significant contributions from record supplies of 1.25 MT to India===Indian Railways and a 162% surge in exports, expanding into new markets like Bhutan. Operational excellence and improved efficiency parameters were highlighted as key drivers. Additionally, Krishna Kumar Singh assumed the additional charge of Chairman & Managing Director of Steel Authority of India Limited, with Ashok Kumar Panda recommended as the next permanent head by the India===Public Enterprises Selection Board.
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