Declining steel prices and major shutdowns for upgradation impact SAIL Q2, FY’16
Nov 6th, 2015 | By ThenewsmanofIndia.com New Delhi, 06.11.2015: In H1 2015-16, SAIL registered a growth in hot metal and crude steel production of 8% and 5% respectively over CPLY. However, SAIL has incurred net loss of Rs 1378 Cr in H1, FY16 which includes a net loss of Rs 1056 Cr during the 2nd quarter. SAIL’s financial performance has suffered
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