About the Steel Authority of India Limited

Steel Authority of India Limited (SAIL) is a Government company and one of India’s largest steel producers, operating five Integrated Steel Plants along with Special Steel Plants, an all-India marketing organisation, and extensive captive mining operations to ensure self-reliance in key raw materials. Its operations span Bhilai, Rourkela, Bokaro, Durgapur and Burnpur, supported by facilities such as the Research & Development Centre for Iron & Steel and the Centre for Engineering & Technology, and by mines in Jharkhand, Odisha, Chhattisgarh, and other states.

The company has initiated two transformation programmes—PRAVARTANA (digital) and SAIL DARPAN (HR)—to modernise operations across its Integrated Steel Plants and critical functions.

SAIL’s product portfolio includes long and flat steels, rails, wheels, structurals and branded retail steel. It is the trusted supplier of rails to Indian Railways, despatching 11.55 lakh tonnes in FY 2024–25, including 260-metre welded rail panels and newly developed R-260 grade in the 60E-1 profile. It is also the only Indian producer of forged steel wheels for Indian Railways.

In FY 2024–25, the company introduced 23 new product grades serving automotive, energy, defence, infrastructure, and solar applications. Sales of SAIL SeQR TMT rose 51% year-on-year.

As of March 31, 2025, SAIL’s retail reach extended to 4,800+ dealers and distributors, including new inroads into Nepal. Export efforts focus on SAARC countries and Europe, though the company realigned sales towards the home market where realisations were stronger.

The Group has 2 subsidiaries and multiple joint ventures and associates supporting power, logistics, coal, and downstream activities. During FY 2024–25, SAIL achieved production of 20.31 million tonnes of hot metal, 19.17 million tonnes of crude steel, and 17.94 million tonnes of saleable steel, with the highest-ever quarterly sales volume of 5.33 million tonnes recorded in Q4.

Business Segment of Steel Authority of India Limited

The Annual Report does not disclose segment-wise or vertical revenue percentages separately.

Steel Authority of India Limited’s Key Management Team

• Amarendu Prakash – Chairman & Managing Director

• Dr. Ashok Kumar Panda – Director (Finance), holding additional charge of Director (Commercial)

• Krishna Kumar Singh – Director (Personnel)

• Manish Raj Gupta – Director (Technical, Projects & Raw Materials)

• Chitta Ranjan Mohapatra – Director-in-charge (Bhilai Steel Plant)

• Alok Verma – Director-in-charge (Rourkela Steel Plant)

• Surajit Mishra – Director-in-charge (Burnpur & Durgapur Steel Plants)

• Birendra Kumar Tiwari – Director-in-charge (Bokaro Steel Plant)

Latest Updates on Steel Authority of India Limited

• Strategic roadmap: SAIL has targeted an expansion of crude steel capacity from ~20 MTPA to ~35 MTPA by FY 2030–31. A capital expenditure of ₹7,500 crore has been earmarked for FY 2025–26. The PRAVARTANA and SAIL DARPAN initiatives are aimed at digital and HR transformation, expected to deliver an annual value realisation of ₹1,000 crore.

• New product launches: In FY 2024–25, the company introduced HSFQ 550 for automotive components, API PSL2 X46–X60 for oil & gas pipelines, ASTM A572 Grade 65 for monopoles, WR-Fe490H for wagons, high-strength CR grades, and LRPC strands for infrastructure projects.

• Retail scale-up: Distribution network expanded to 4,750 dealers. As of April 1, 2025, 59 Tier-2 distributors supplied 13.27 lakh tonnes of TMT steel, a 40% YoY increase. Over 400 “Gaon Ki Ore” workshops promoted rural steel usage.

• Railway supplies: SAIL met all steel track requirements of Indian Railways, with 86% of rail supplies in 260-metre welded panels and 100% of 60 kg rail in the R-260 grade. R-350 HT long rail panels were delivered for high axle-load routes, while forged wheel supply continued.

• Green energy initiatives: DSP and ISP availed 50% of power from DVC’s green grid from September 1, 2024. A 4 MWp floating solar plant at ISP generated 5.51 MUs in FY 2024–25; rooftop/ground-mounted solar projects of 8.44 MWp are operational, and a 15 MW floating solar project at BSP is under implementation.