SAIL production grows 11 pc in Q3

NEW DELHI: Public sector unit SAIL on Friday reported an 11 per cent growth in hot metal and crude steel production during third quarter of 2006-07 as compared to the same quarter previous fiscal.

During the first nine months of this year, the production of saleable steel went up by six per cent to 9.3 million tonnes and exports grew four per cent to four lakh tonnes, an official release said.

"Rourkela steel plant recorded a phenomenal rise in production during the April-December 06. While the production of saleable steel recorded a 34 per cent jump and the production of hot metal and crude steel was 31 per cent" SAIL chairman S K Roongta said in the release.

Union Steel Minister Ram Vilas Paswan on Friday reviewed the PSU's quarterly performance and commended it for the performance.