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  September 5, 2001
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Home > Company Index > Metals & Mining > Steel Production > Steel Authority of India Limited

Steel Authority of India Limited
 PROFILE
In India, Steel Authority of India Limited (SAIL) is steel the one -- the country's #1 steelmaker, that is. The company's main steel products include flat products (coils, plates, and sheets), structurals (angles, bars, and rods), rail products (high conductivity rails, light rails, and heavy rails), and tubular products (welded pipes). While steel is SAIL's core product, its also makes ferroalloys, coal-based chemicals, tar products, light oil, and fertilizers. Operating at a loss and with sales continuing to fall, the company plans to gradually sell off its non-core businesses and concentrate on producing carbon steel. The Indian government plans to divest its majority stake in the company.

 COMPETITION
Nippon Steel Corporation (5401)
Pohang Iron & Steel Co., Ltd. (PKX)
Tata Enterprises (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 3,643.30
1-Yr. Sales Growth: 3.1%
Employees: 180,000
Revenue per employee: $20,240.56

 KEY PEOPLE
• Arvind Pande
    CEO
• V. S. Jain
    CFO

 CONTACT INFO
Ispat Bhavan, Lodi Rd.
New Delhi 110 003, India
Phone: 91-114-7776
Fax: 91-114-7015
Online: Web Site

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