The Business Bytes
TBB BUREAU
ROURKELA, FEBRUARY 4, 2022
Rourkela Steel Plant (RSP), a unit of Maharatna steel conglomerate SAIL, registered ‘best-ever’ performance in key areas in the first 10 months of the current fiscal i.e. April-2021 to January-2022.
RSP produced 35,73,209 tons of Hot Metal, 32,96,549 tons of Crude Steel and 30,08,678 tons of Saleable Steel to register Year-on-Year (Y-o-Y) growth of 16.6%, 17.1% and 19.5%, respectively. The previous best performances of the plant for all these indices were achieved in 2019.
The Sinter Plants excelled together to produce 58,15,134 tons of Sinter in the first 10 months of FY22 to register their highest ever production and contribute to the success. The Finishing Mills of the plant complemented the record crude steel production to clock their best April-January performance by producing 15,03,807 tons of total HR Coils, 4,54,741 tons of Plate Mill Plates and 7,62,847 tons of New Plate Mill Plates. The cumulative Saleable Steel despatch also rose to an all time high of 29,95,520 tons in the above period with a Y-o-Y growth of 13.5%.
The state-of-the-art Hot Strip Mill-2 of RSP that recommenced rolling recently has also started enriching the product basket of the Steel Plant by rolling coils of newer grades, sizes and specifications. The new 3 Million Tonne Mill, equipped with cutting edge technology to produce world class products, is in the process of stabilization and in the month of January rolled out 30,259 tonnes of HR Coils. Meanwhile, the Mill has produced 32-Ton coils for the first time in SAIL. Besides, coils with 1830 mm width and 15 mm thickness, have been rolled out which is a niche segment in the Steel market. LPG grade coils of dimension 1500 X 2.9 mm have also been rolled out for the first time.
Another notable performer for April-January period was Coke Oven Battery-6 which clocked average best ever daily pushing of 88.9 thereby improving upon its earlier best of 87.7 achieved in the corresponding period in 2016. Many units of the Steel Plant also achieved their APP targets for January.
The positive market outlook and the multipronged approach of the plant has helped in achieving the continuous rise in the trajectory. The team RSP is now gearing up to perform even better to end the financial year on a high note.
