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 P K Singh defined the turnaround goals. He said: "Market conditions are volatile and we have to adapt to them fast, matching the world standards." The goals highlighted by him include reducing procurement and finance costs. The company will also focus on reducing the operating cost of old and new assets and overhead costs. In addition to these, the company will work on improved marketing, branding and distribution.Ramping up production from new and modernised units and completing pending projects at the earliest have also been listed for the turnaround.