India’s Visakhapatnam Steel Plant recorded the best-ever monthly sales of Rs 21360M (US$394.4M) in March 2013.
Cumulative sales of Rs 136.50bn ($2.52bn) were achieved to the close of FY-2013. Exports at Rs 6010M ($11.26M) were an increase of 45% and rural sales improved 15%.
Production of hot metal and iron & steel grew to 3.81Mt for iron and 3.4Mt for steel. Captive power generation was 211MW during the year was the highest during the past five years. This helped the company maintain production despite power restrictions imposed by the state grid during the last eight months of FY 2012/13.