Financial Daily from THE HINDU group of publications
Wednesday, May 21, 2003
Financial Daily from THE HINDU group of publications Wednesday, May 21, 2003 |
|
|
|
|
|
Corporate
-
Research & Development SAIL plant develops steel for ballistic testing Our Bureau
NEW DELHI, MAY 20 STEEL Authority of India Ltd's (SAIL) alloy steels plant (ASP) in Durgapur has developed, for the first time, target steel for ballistic testing used in defence sector with stringent specifications. The steel was rolled out at Rourkela and Bokaro steel plants. ASP has also developed casting of jackal steel (boron bearing) slabs and special steel for application in nuclear power plants. The company has exported 1,000 tonnes of stainless steel during the year and achieved an all-time high sales of Rs 38 lakh of value added products. ASP recorded a growth of 16 per cent in production of both crude and saleable steel during 2002-03 and its sales went up by 14 per cent over the last year. The plant was commissioned in 1967 to produce alloys and special steel with a capacity of one lakh tonnes of ingots per annum. The capacity of the plant was further augmented by 60,000 tonnes. After expansion in 1988, its capacity increased from 1,60,000 tonnes to 2,60,000 tonnes of liquid steel and 1,83,000 tonnes of saleable steel per annum.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|