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Tag Archives: Chairman SAIL

SAIL lays down roadmap for recovery

Steel Authority of India Ltd (SAIL) has said that it has prepared a roadmap to turn profitable. In an official statement, the company said it will set an earnings before interest, tax, depreciation and amortisation (EBITDA) target for the next two to three years. In a communication to employees, Chairman…

SAIL chairman visits Bokaro plant

SAIL Chairman P.K. Singh has exhorted employees of Bokaro steel plant to face up the challenges and maximize profits. In a visit to the plant where he interacted with a large group of plant workers, he drew the attention of workers to the modern facilities at the plant and urged…

New steel policy mantra is make in India

Union Steel Minister, Chaudhary Beirender Singh, has said the new steel policy (NSP) would focus on ensuring raw material security, import substitution, enhancing steel consumption, R&D of value added steel, increasing energy efficiency and sustainability, establishing India as cost-effective and quality steel destination, and reducing carbon footprint of the industry….

SAIL remains EBITDA positive

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  SAIL’s continual thrust on gaining operational excellence has led to the company remaining EBITDA positive for four consecutive quarters, which stood at Rs 671.6 Crore vis-à-vis Rs (-) 2,203 Crore over the corresponding period of last year, recording an increase of Rs. 2875 Crore. The Company has narrowed down…

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