Steel Authority of India Sets New Sales Record at 20.14 MT in FY26
Synopsis
In a groundbreaking achievement, Steel Authority of India Limited has announced record sales of 20.14 million tonnes in FY26, reflecting a significant 11.5% increase over the previous year. This success underscores SAIL's commitment to excellence and market expansion.
Key Takeaways
Record sales: 20.14 million tonnes in FY26.
Sales growth: Up 11.5% from the previous year.
Crude steel output: Reached 19.43 million tonnes.
Export increase: Surged by 162% to 2.9 lakh tonnes.
Leadership change: Krishna Kumar Singh appointed Chairman & Managing Director.
New Delhi, April 2 (NationPress) Steel Authority of India Limited, the largest public sector steel manufacturer in India, announced on Thursday that it achieved a historic sales figure of 20.14 million tonnes (MT) in FY26, marking an impressive 11.5 percent increase from last year's sales of 18.07 million tonnes.
This remarkable growth was widespread, with sales increasing across all product categories, as indicated by the company.
Crude steel production reached an unprecedented level of 19.43 MT, while saleable steel output also set a new record at 19.176 MT.
The company highlighted that deliveries to Indian Railways peaked at 1.25 million tonnes from the Universal Rail Mill, emphasizing SAIL's strategic role in supporting rail infrastructure development. Furthermore, exports soared to 2.9 lakh tonnes, achieving a remarkable 162 percent growth as SAIL successfully penetrated new international markets, including Bhutan.
The statement emphasized that operational excellence was showcased through enhanced efficiency metrics, reaffirming the company's dedication to sustainable and competitive steel production.
These accomplishments reinforce SAIL's capability to provide consistent value, elevate its brand image, and broaden its customer base across various markets.
Additionally, the state-owned steel giant announced that Krishna Kumar Singh, Director (Personnel), has taken on the additional role of Chairman & Managing Director of Steel Authority of India Limited.
With over four decades of extensive experience in various functions such as steel plant operations, human resource development, vigilance, and personnel administration, Singh has played a crucial role in transforming SAIL's human resources.
As Director (Personnel), he has led initiatives to enhance employee welfare and development programs, ensuring the workforce is prepared for future challenges.
In a previous announcement, SAIL highlighted its outstanding performance in January, which included remarkable achievements in sales, dispatches, cash collections, and customer delivery.
The company experienced record dispatches from its plants, increased door delivery volumes, and enhanced warehouse sales, demonstrating a strong focus on customer satisfaction and logistics efficiency while deepening market engagement.
aar/pk
Point of View
SAIL's record-breaking sales performance is a testament to the company's strategic initiatives and operational excellence. The growth highlights the potential for further expansion in both domestic and international markets, reinforcing India's position in the global steel sector.
NationPress
31 Jul 2026
Frequently Asked Questions
What is the record sales figure achieved by SAIL in FY26?
SAIL achieved record sales of 20.14 million tonnes in FY26.
How much did SAIL's sales increase compared to the previous year?
Sales increased by 11.5% compared to the previous year's figure of 18.07 million tonnes.
What was SAIL's crude steel output in FY26?
SAIL's crude steel output reached a record 19.43 million tonnes.
Who has taken over as Chairman & Managing Director of SAIL?
Krishna Kumar Singh has assumed the role of Chairman & Managing Director of SAIL.
How much did SAIL's exports grow in FY26?
SAIL's exports surged to 2.9 lakh tonnes, representing a remarkable 162% growth.
