Steel Authority of India Limited (SAIL) reported significant improvements in its sales performance for August 2026, marking its best-ever August output of hot metal, crude steel, and saleable steel. The company also registered double-digit year-on-year growth in overall sales volumes across Tier 1 and Tier 2 retail channels.
The Steel Authority of India Limited (SAIL) has reported a remarkable development in its sales performance for August 2026, as well as the April – August 2026 period. This achievement marks a milestone as SAIL achieved its best-ever August output of hot metal, crude steel, and saleable steel.
In August 2026, the crude steel production grew by 8% to 1.68 MT over 1.55 MT in the corresponding period last year. Hot metal rose by 9% to 1.78 MT over 1.63 MT, and saleable steel registered a 1% increase to 1.69 MT compared to 1.66 MT in CPLY.
Total sales stood at 1.871 million tonnes, registering a 13% year-on-year (y-o-y) increase over the CPLY figure of 1.654 million tonnes. Cash collections also grew strongly by 23% y-o-y.
SAIL achieved double-digit year-on-year growth in overall sales volumes, with notable traction across Tier 1 and Tier 2 retail channels. The company recorded its highest ever August sales in several value-added product categories like cold rolled, galvanized, and alloy steels.
The month additionally saw a meaningful reduction in inventory, indicating efficient supply chain coordination and faster market servicing.
During August 2026, the rail supplies to Indian Railways grew by 5% y-o-y to 1.23 Lakh Tonnes over 1.18 Lakh Tonnes in CPLY. In the Long Rails category, the company achieved its highest ever supplies by supplying 1.12 Lakh Tonnes, with growth of 11% y-o-y.
SAIL further strengthened its financial position, reducing borrowings by ₹870 crore from the 31.03.2026 level during this period.
Source:
Press Information Bureau
