SAIL Says Achieved Highest Ever Monthly Sales In December
Water is sprayed on red hot steel slabs at a steel factory in India. Photographer: Dhiraj Singh/Bloomberg

SAIL Says Achieved Highest Ever Monthly Sales In December

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Steel Authority of India Ltd. has recorded a 47 percent rise in sales during December 2019, the state-run steelmaker said on Wednesday.

"The company has achieved the highest-ever sales in a month during December 2019. With sales of 1.68 million tonnes in December 2019, the company clocked a growth of 47 percent over the corresponding period last year," SAIL said in a statement.

The company posted a jump of 36 percent year-on-year jump in sales in November and is consistently maintaining the growth momentum in sales, according to the statement.

SAIL Chairman Anil Kumar Chaudhary said that despite the challenging steel market conditions, SAIL has exhibited resilient performance consistently and will continue to do so in future also.

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