August 30, 2008

SAIL iron ore output up 10%

It is reported that Steel Authority of India Limited’s raw materials division has recorded iron ore lump production of 3.1 million tonnes during April to September 2007 up by 10.6% YoY. RMD’s total production of iron ore lump and fines has also increased by 7.9% YoY.

SAIL’s Manoharpur and Barsua mines recorded a whopping growth of 52.5% YoY and 38.3% YoY in iron ore production during the period. Other mines at Bolani, Gua, Meghahatuburu, and Kiriburu have registered a growth of 18.8% YoY, 11.4% YoY, 8.6% YoY and 5.8% YoY respectively.