Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The Steel Authority of India Limited’s (Sail) raw-material division has achieved the highest ever iron ore production of 89,578mt on November 23, the company announced on social media site Twitter. 

 

The state-owned Company’s iron ore consumption was 28.88mn mt in the fiscal year 2019-20 and targets consumption of 39mn mt after the expansion as per recent Q2 results performance highlights.

 

SAIL’s iron ore existing capacity and after ongoing expansion:

Iron ore mineExisting capacity* (mn mt)Capacity after ongoing expansion* (mn mt)Remarks
Kiriburu5.55.5Expansion has already been completed
Meghathaburu56.5It is being ramped-up to meet the requirement of ongoing expansion plan
Bolani7.510Processing plant has been upgraded and under stablization
Gua410Stage II FC is awaited from MOEF required for expansion of only Durgaiburu lease
Rajhara, Dalli8.77Depleted resources and quality constraints
Barsua, Kalta, Taldih66.5Environment clearance obtained and FC obtained on Oct 23 2017 for ML-162 lease.
Rowghatnew12All statutory clearances have been received. 
Chiria0.755.8Stage-II FC awaited from MoEF.
*Finished Product capacity  

Sail is also coming up new pellet plants of 4mn mt at Gua mines, 1mn mt at Dalli mines and 2 mn mt RSP for utilization of accumulated iron ore fines and generated fines.

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