Bhilai Steel Plant earns record profit

The production of saleable steel touched the 4.08 million tonne mark, a 13 per cent growth over the previous year. There was a record 21 per cent growth in steel export and the supply of high-quality rails. The plant, said Managing Director R.P. Singh, combated the coal crisis by strategically balancing its product mix to cash in on the demand for high-cost finished products. BSP did not allow the coal shortage to hit production of bread and butter products.

Hence, total profit for 2003-2004 remained unaffected. When SAIL finalises its accounts, the profit may exceed Rs 2000 crore.