India: SAIL's BSP Blast Furnace-8 Crossed 1 MnT Cumulative Hot Metal Production
State owned -Steel Authority of India Limited (SAIL), biggest and newly Blast Furnace-8 named Mahamaya in BSP (Bhilai Steel Plant) which was commissioned on 2nd Feb'18 has achieved to crossed 1 MnT mark in cumulative Hot Metal production on 18 Oct'18.
The company also claim that it crossed in record time among all large Blast Furnace of SAIL plants as per the company updated in the website.
The new Blast Furnace-8 has a production capacity of around 8,000 tonnes of hot metal per day equivalent to 2.8 MnT per annum and has a useful volume of 4,060 cubic metres. Other than BF-8, there are seven blast furnaces installed in BSP with a combined hot metal production capacity of 5 MnT per annum. In total, hot metal production capacity of all eight Blast Furnaces in SAIL-BSP’s unit will cross 7.5 MnT.
SAIL is a leading steel producer in India with an overall production capacity of about 21 MnT. Company has recently reported that its saleable steel output was around 14.07 MnT in last fiscal year 2017-18 and the company is targeting to achieve close to 18 MnT in the current fiscal year.
In Q1FY19, SAIL’s crude steel production dropped and recorded at 3.945 MnT compared to the previous quarter in which it was recorded at 4.004 MnT. This shows a quarterly decrease of 1.47% in crude steel production. However on Y-o-Y basis it was up by 13%.
source: SteelMint
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Resolute Mining says it will pay Mali $160 million in tax dispute
Gold loses some luster after Trump’s decisive win
BHP to spend up to $14 billion on Chilean copper expansion
Trump chooses oil fracking boss as energy secretary
Newmont sells Ontario gold mine to Orla for $850 million
South Africa police standoff with illegal gold miners escalates
BHP warns Australian mining not ready for low-cost competitors
Filo expands copper-gold Aurora zone in Argentina amid sale
Mining’s old guard needs strong medicine
Adani’s Australian coal unit faces human rights complaint
Hedge funds slash bullish wagers on gold before war jitters
Gold price set for biggest weekly jump in 20 months on haven demand
Marimaca Copper eyes ASX dual listing to boost Chile project
Osisko Development surges on permitting milestone for Cariboo gold project
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Filo expands copper-gold Aurora zone in Argentina amid sale
Mining’s old guard needs strong medicine
Adani’s Australian coal unit faces human rights complaint
Gold price set for biggest weekly jump in 20 months on haven demand
Marimaca Copper eyes ASX dual listing to boost Chile project
Osisko Development surges on permitting milestone for Cariboo gold project
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence