Financial Highlights Q1 FY 14 vs. Q1 FY 15 Amount in Rs. crore Particulars Q1 FY 14 Q1 FY 15 Increase/ Decrease % change Gross Sales 11361 12515 1154 10.2% EBIDTA* 1106 1326 220 19.9% PBT 521 613 92 17.6% PAT 451 530 79 17.5% *EBIDTA for Q1 FY 14 & Q1 FY15 is after adjustment of exceptional item of Rs. 88 crore (loss) and Rs. 3 crore (loss) respectively. Financial Performance Net Sales (Rs. cr.) 50,000 45,000 45,654 42,719 43,961 46189 Q1 FY14 vs. Q1 FY15 40,000 16000 35,000 30,000 11000 10106 11196 25,000 6000 20,000 10-11 11-12 12-13 13-14 1000 Annual Net Sales Performance (Apr. – Mar.) Q1-FY14 Q1-FY15 Earning Before Interest Depreciation and Tax (EBIDTA) Unit : Rs crore Annual EBIDTA Performance (Apr. – Mar.) Q1 – FY14 vs. Q1 – FY15 7658 8000 5621 6000 4950 1326 1400 1300 4000 1200 2000 1100 0 1000 2011-12 2012-13 2013-14 1106 900 Q1-FY14 Q1-FY15 *EBIDTA for Q1 FY 14 & Q1 FY15 is after adjustment of exceptional item of Rs. 88 crore (loss) and Rs. 3 crore (loss) respectively. Financial Performance Cash Profit Unit : Rs crore Q1– FY14 vs. Q1– FY15 Annual Cash Profit Performance (Apr. – Mar.) 9000 8555 1240 1040 6980 1021 914 840 6000 4873 5038 640 440 240 3000 40 10-11 11-12 12-13 13-14 -160 Q1 - FY14 Q1 - FY15 Financial Performance PBT (Rs. cr.) Q1 – FY14 vs. Q1 – FY15 6000 1000 5151 5000 3241 4000 521 3225 613 500 3000 2000 1000 0 0 2011-12 2012-13 2013-14 Annual PBT Performance (Apr. – Mar.) Q1 -FY14 Q1 -FY15 Financial Performance PAT (Rs. cr.) 4000 Q1 – FY14 vs. Q1 – FY15 530 3543 2170 3000 2616 451 2000 1000 0 2011-12 2012-13 2013-14 Annual PAT Performance (Apr. – Mar.) 400 Q1-FY14 Q1-FY15 Financial Performance Net Worth (Rs. cr.) 45000 40000 39811 41025 42666 45300 44300 37069 35000 30000 25000 20000 42980 43300 42300 41476 41300 40300 39300 30.06.2013 Net Worth Value - Annual 30.06.2014 Net Worth –change Over Q1 FY 14 Financial Performance Quarter – wise Profits (Rs. crore) 700 600 500 613 606 530 521 453 451 400 300 200 100 0 Q1 - FY14 Q1 - FY15 PBT PAT Q4 - FY14 Financial Performance Borrowings (Rs. crore) Borrowings and Interest Cost Annual Borrowings 30000 25281 25000 20000 16511 15000 25000 24168 21597 19375 23300 16320 312 192 10000 5000 0 20000 30.06.2013 Borrowings as on date 400 350 300 250 200 150 100 50 0 30.06.2014 Interest Cost Q1 The ongoing CAPEX is being financed through Debt-Equity Ratio of 1:1 Year 31/03/2011 31/03/2012 31/03/2013 31/03/2014 30/06/2014 D/E Ratio 0.52 0.41 0.53 0.59 0.56 Financial Performance Short Term Investments in Banks (Rs. crore) 4000 25000 22023 20000 17714 17142 3000 83 100 90 2500 2000 1500 10000 5900 0 3400 2500 15000 5000 3500 62 70 60 1000 3400 2500 80 500 50 0 40 30.06.2013 30.06.2014 Investments as on date Interest Earned Q1 Performance Highlights 2013-14 Saleable Steel Production of 12.88 million tonne Crude steel production of 13.58 million tonne Hot Metal production of 14.45 million tonne Semis component in Production 22% of saleable steel Saleable Steel Sales of 12.07 million tonne Special Steel Production of 5.33 million tonne Production through Concast route of 9.77 million tonne Performance Highlights Q1 FY 15 Saleable Steel Production of 2.95 million tonne Crude steel production of 3.24 million tonne Hot Metal production of 3.53 million tonne Semis component in Production 22% of saleable steel Saleable Steel Sales of 2.76 million tonne Special Steel Production of 1.24 million tonne Production through Concast route of 2.44 million tonne Performance Highlights – Q1 FY 15 Major Techno Economic Parameters Coke Rate at 510 kg/THM Fuel Rate at 570 (kg/THM) Energy Consumption 6.62 (GCal/TCS) BF Productivity 1.57 (T/m³/Day) Production Performance Saleable Steel (in Million Tonne) 12.9 13.00 4.000 12.4 3.500 12.4 3.2 3.0 3.000 12.50 2.500 2.000 12.00 1.500 1.000 11.50 0.500 0.000 Q1 - FY14 11.00 11-12 12-13 Q1 - FY15 13-14 Annual Saleable Steel Production (including Special Steel Plants) Saleable Steel Production (incl. Spl. Steel Plants) Production Performance Saleable Steel from 5 Integrated Steel Plants 13.0 12.4 million tonne 11.9 4.000 3.500 11.9 3.1 2.9 3.000 12.0 2.500 2.000 1.500 11.0 1.000 0.500 10.0 11-12 12-13 13-14 0.000 Q1 - FY14 Q1 - FY15 Production by Process & Sales Mix: Q1 FY 15 Crude Steel Production by process EAF Process, 1.8% THF Process, 14.0% BOF Process, 84.2% Production of Value Added Steel (5 ISPs) Comm odity 57% Value Added Steel 43% Sales of Saleable Steel (5 ISPs) Semis 14% Flats 61% Longs 25% Production by Process Ingot Route 25% CC Route 75% Product Mix: Production Five Integrated Steel Plants: Q1 FY15 In percentage 49% BSP DSP 27% 31% 6% 67% 83% RSP 17% 95% BSL ISP 20% 74% Long Products 5% 26% Flat Products Semis SAIL – 5 ISPs : Semis 22%; Flats 58%; Longs 20% Special Steel Production (in Million Tonne) Production of Value added materials in FY 2013-14 Best ever 4.84 5.03 5.33 11-12 12-13 13-14 6% increase in production of Value Added Products TE Parameters Specific Energy Consumption (Gcal/TCS) 6.86 6.68 6.59 11-12 12-13 13-14 Around 1.4% Decline in Specific Energy Consumption TE Parameters Coke Rate (Kg/THM) Performance in FY 2013-14 517 11-12 512 12-13 512 13-14 Continuous efforts to contain coke rate Sales Performance Saleable Steel (in Million Ton) 4.000 13.00 3.500 12.1 12.50 12.00 2.8 2.6 2.500 11.4 2.000 11.1 11.50 3.000 1.500 11.00 1.000 10.50 0.500 0.000 10.00 Q1 - FY15 11-12 12-13 Q1 - FY14 13-14 Annual Saleable Steel Sales (including Special Steel Plants) Saleable Steel Sales (incl. Spl. Steel Plants) Sales through Dealer Network 2984 2774 3000 2500 2000 1500 1000 611 617 500 0 01.07.2014 Districts covered 01.07.2013 Dealers appointed In Retail sales, 27% growth was achieved over Q1 FY14 with a total supply of 0.14 million tonnes. As on 1.07.2014, SAIL had 2,984 dealers, including 976 Rural Dealers. Captive Power Generation & drawal from the Grid Q1 FY 15 Drawal from Grid 35% Own CPP 7% JV CPP 58% Labour Productivity Tonne Crude Steel /man - year 278 265 241 258 210 155 100 2011-12 2012-13 2013-14 Current manpower : 96,425 numbers as on 01.07.2014 Performance of SAIL Share price vis-à-vis Sensex 28000 95 25414 95 25895 88 24217 88 26000 25329 81 24000 22386 22418 75 19760 20148 51 68 19395 56 55 22000 21120 21165 20666 72 20513 21171 18620 42 46 19380 62 64 67 20000 60 56 18000 50 16000 35 14000 SAIL's Share Price (Rs.) Sensex Points Closing Share Price and Sensex as on the last day of the month except August 2014 on 8th August, 2014 Dividend Interim (%) Final (%) Total (%) Dividend (Rs. crore) Dividend Tax (Rs. crore) 2013-14 20.2 - 20.2 834 142 2012 -13 16 4 20 826 134 2011 -12 12 8 20 826 134 2010 -11 12 12 24 992 162 2009 -10 16 17 33 1363 228 2008 –09 13 13 26 1074 181 2007- 08 19 18 37 1528 259 EXPANSION AND MODERNISATION PLAN Coal Handling Plant under RMHS at ISP RSP: Blast Furnace Tapping New Sinter Plant No.3 at RSP RSP: BATTERY-6 SAIL’s Expansion Plan In million tonne Particulars Actual production 2012-13 After On-going Expansion Crude Steel 13.4 21.4 Saleable Steel 12.4 20.2 Expansion Plan : Technological Shift Technology Current Status After Expansion BOF Steel Making 79% 100% CC Route 71% 94% Pelletisation Plant No Yes Partial Yes No Yes Partial Coverage Full Coverage Partly 100 % Beam Blank Casting No Yes Coupled Pickling & Tandem Mill No Yes Beneficiation Plant Partial Full Coke Dry Quenching Top Pressure Recovery Turbine Auxiliary Fuel Injection in BF Desulphurization of Hot Metal Ongoing Projects The Expected Outcome: Production through twin-hearth furnace (THF) route to be replaced by BOF-LD converter route. Production through Ingot – teeming route to be replaced with Continuous cast production route. Enhancement of Production Capacity by addition of 3 new 4060 m3 Blast Furnace. Increased Market Share. World class technology and products. Improved Product Mix / proportion of value added products to increase. Enhanced Pollution Control measures, with Environmental Conservation. Ongoing Projects The Products to be added: Auto grade CR Products, Galvanized Coils /Sheets. Plates / Pipes to meet up to API 100 Grade specification. Universal Beams/Heavy Beams to support increasing Infrastructural requirements. Rails for Metro – Railways and dedicated freight corridors. Increased production of Rails and wheels to meet the increasing requirements of Indian Railways. Quantum jump in Rounds and Structural production. Wider plates in the size of 4300 mm. Ongoing Projects In Rupees Crore 12191 7039 3509 22739 39131 1 61870 39131 2 3 4 1 Expansion of existing capacity 2 Value-addition / Product-mix improvement 3 Technological up gradation / Modernization 4 Sustenance including de-bottlenecking, AMR & Environment 5 Total Estimated Cost 5 Total Capital Expenditure Including on Modernisation & Expansion Unit : Rs crore 10606 11280 11021 9731 9890 10000 7000 5233 4000 1000 08-09 09-10 10-11 11-12 12-13 13-14 Capex during Q1 FY15 was Rs. 1438 crore. CAPEX Plan for 2014-15 is Rs. 9,000 crore. Total CAPEX includes Rs. 54,549 crore spent against ongoing Modernization & Expansion Plan. Ongoing Projects Orders for over Rs. 59,422 crore have already been placed for various Modernisation & Expansion Projects / Sustenance Schemes. Various options for raising fund to finance the Capex Plan, including ECB, ECA, Domestic / International Bonds and Term Loans from Banks are being continuously explored to minimize the debt cost. Capacity increase after Expansion Hot Metal (MTPA) Crude Steel (MTPA) Plant Saleable Steel (MTPA) 2013-14 After Expansion 2013-14 After Expansion 2013-14 After Expansion BSP 5.4 7.5 5.1 7.0 4.6 6.6 DSP 2.2 2.5 2.0 2.2 1.9 2.1 RSP 2.5 4.5 2.3 4.2 2.2 4.0 BSL 4.1 5.8 3.8 4.6 3.5 4.2 ISP 0.2 2.9 0.1 2.5 0.2 2.4 VISL 0.0 0.3 0.0 0.2 0.0 0.2 ASP - - 0.1 0.5 0.1 0.4 SSP - - 0.1 0.2 0.3 0.3 TOTAL 14.4 23.5 13.6 21.4 12.9 20.2 Product Mix - Saleable Steel Production CR Coils/Sheets 4% Galvanized PET Products Products 1% 2% Semis 22% HR Plates/Coils/S heets/skelp 33% Structurals 4% Post Ongoing Expansion Bars & Rods 13% PM Plates 14% Rly Products 7% FY 14 Galvanized PET Products Products CR Coils/Sheets 3% 1% 11% Semis 12% HR Plates/Coils/Sh eets/skelp 16% Structurals 14% Bars & Rods 19% PM Plates 16% Rly Products 8% CAPEX Status for the ongoing Expansion & Modernisation as on 30.06.2014Amount in Rs. crore BSP 12939 DSP 2238 RSP BSL ISP 2490 11220 5591 15600 15606 Actual Expenses 5054 Orders Placed 234 734 802 0 1902 5019 608 285 11578 4735 SSP Others 16658 228 To be ordered Orders placed include Actual Expenses Incurred. Orders Placed/ Expenditure are excluding Capex Plan of Rs. 10264 crore for development of Raw Material facilities. Actual Expenditure till 30.6.2014 on Raw material Development is Rs. 896 crore. Salem Steel Plant • Facilities added: •Steel melting Shop – Electric Arc Furnace (55 T); AOD Converter (60 T); Ladle Furnace (60 T); Single Strand Slab Caster. • Roll Grinder for Hot Rolling Mill • Cold Rolling Mill Complex ( except 20-high Sendzimir Mill) • Facilities being added: •Production (MTPA) : Item 2013 -14 (Actual) After Expansion Crude Steel 0.091 0.18 Saleable Steel 0.328 0.34 IISCO Steel Plant New Facilities Already Completed: •New Coke Oven Battery (0.88 Mtpa, 2 x 37 ovens, 7 m tall) – First consignment of BF coke was despatched in Feb 2013 •Sinter Machines (3.88 Mtpa gross sinter production, 2X204 m²) Hot trial production started in December, 2012 •Wire Rod (0.5 Mtpa) Wire Rod Mill completed in August, 2013 •Ore Handling Plant •Coal, Coke Handling and Pipe Conveyor •Base Mix Preparation Plant •Coke Dry Cooling Plant •1X6 Strand Billet Casters IISCO Steel Plant Facilities to be Completed during FY 2014-15 •Blast Furnace 4060 m3 volume with Top Pressure Recovery Turbine (2.7Mtpa) •3 nos. of 150 T BOF Converters •1X6 Strand Billet Casters •1X4 Strand Bloom-cum-Beam Blank Caster •Bar Mill (0.75 Mtpa) •Universal Section Mill (0.6 Mtpa) New stream to produce 2.7 Mtpa of Hot Metal & 2.5 Mtpa of Crude Steel • Production (MTPA) : Item 2013 -14 (Actual) After Expansion Crude Steel 0.127 2.50 Saleable Steel 0.202 2.39 Current Progress of Expansion at IISCO Steel Plant Coke Oven Battery-11 Sinter Machine-1 Converter Centralised Compressed Air Station Converter42 Blast Furnace #5 Caster Continuous Caster Wire Rod Mill Wire Rod Mill - Coil Formation Bokaro Steel Plant Facilities Already Completed: • Re-building of Coke Oven Battery #1 & #2. • Up-gradation of Blast Furnace #2 and Stoves Up-gradation of #5 • Auxiliary Fuel Injection (CDI) in Blast Furnaces #2 & #3. • Turbo-blower-8. • Acid Regeneration Plant. Skin Pass Mill, Coil Packaging Lines of new CRM Complex. For PLTCM, integrated trial run taken through Tandem Cold Mill. Facilities Likely to be Completed During FY 2014-15: • Up-gradation of HSM with augmentation of Roughing facility & replacement of Re-heating Furnace. • Integrated commissioning of New CRM Complex, including Galvanising facilities - 1.2 Mtpa • Up-gradation of SMS II with Auxiliary facilities/Hot metal de-sulphurisation units. • Production (MTPA) : Item 2013 -14 (Actual) After Expansion Crude Steel 3.78 4.61 Saleable Steel 3.49 4.18 Current Progress of Expansion at Bokaro Steel Plant Pickling Line Tandem Cold Mill Pickling Line SPM Stand Mill Housing 45 New CRM-III Skin Pass Mill at BSL First Coil from PLTCM Coil Packaging Line at BSL Bell Annealing Furnace at BSL Bhilai Steel Plant New Facilities Already Completed: • Second Sinter Machine in Sinter Plant-3 Facilities Likely to be Completed During FY 2014-15: • New Coke Oven Battery No. 11 (7 m tall) Facilities Likely to be Completed During FY 2015-16: • • • • Blast Furnace 4060 m3. New Steel Melting Shop (SMS-3) with New Billet Casters/Billet-cumBloom Caster, Beam Blank Caster Universal Rail Mill Bar and Rod Mill Production (MTPA) : Item 2013 -14 (Actual) After Expansion Crude Steel 5.14 7.0 Saleable Steel 4.55 6.56 Coal Tower Current Progress of Expansion at Bhilai Steel Plant Cellar Area Coal Tower COB11 Current Progress of Expansion at Bhilai Steel Plant Equipment erection at COB-11 2nd Sinter Machine BF 8: Stoves Universal Rail Mill 49 Rourkela Steel Plant New Facilities Already Completed: • • • • • • • New Coke Oven Battery -6 (7 m tall, 1 x 67 ovens) New Sinter Plant -3 (1 x 360m²) New Blast Furnace -5, 4060 m3 useful volume, (PCI started in July 2014). New 3rd Single Strand Slab Caster New Oxygen Plant 2X700 tpd on BOO basis Reheating Furnace & Rolling facilities for New 4.3 meter Wide Plate Mill New 3rd BOF (150 T) Convertor During H2 FY 2014-15 • Finishing facilities for New 4.3 meter Wide Plate Mill • Saleable Steel from both existing & new facilities: 3.99 Mtpa. Production (MTPA) : Item 2013 -14 (Actual) After Expansion Crude Steel 2.29 4.20 Saleable Steel 2.25 3.99 Ore Bedding and Blending Plant 51 SINTER PLANT - 3 52 Pig casting Machine Slab Caster Blast Furnace Tapping Coke-oven Battery Durgapur Steel Plant Facilities Completed : • Rebuilding of Coke Oven Battery no-2 • New Ladle Furnace (125T) • Coke Sorting & Coal Handling Plant Facilities Likely to be Completed During FY 2014-15: • New Dolomite Plant (300tpd) • Up-gradation of raw material/Coal Handling Facilities • Bloom-cum-Round Caster 1X4 (0.75 Mtpa) • New Medium Structural Mill (1.0 Mtpa) Production (MTPA) : Item 2013 -14 (Actual) After Expansion Crude Steel 2.02 2.20 Saleable Steel 1.93 2.12 Progress of Expansion at Durgapur Steel Plant New Dolomite Plant CO Battery-2 MSM (RHF) –Erection of equipment in progress MSM (RHF) –Erection of equipment in progress 55 Raw Materials Year 2013-14 Post Expansion Hot Metal (mtpa) Iron Ore Consumption (mtpa) Linkages of Iron Ore 14.4 22.5 Existing Mines 39 The capacity of existing mines at Kiriburu, Meghataburu, Bolani, Gua & Barsua are being ramped up to meet the requirement of Iron Ore for post ongoing phase of expansion. Two new Pellet Plants (One of 4 mtpa capacity at Gua & another of 1 mtpa capacity at Dalli) have been planned for better utilisation of Iron Ore Fines. In addition to the above, iron ore shall be mined from new mines at Rowghat, Chiria and Taldih. MoU has been signed with Chattisgarh Mineral Development Corporation for exploring Eklama Mines under Joint Venture. 23.46 Raw Materials Existing Capacity (mtpa) Capacity after ongoing expansion (mtpa) Kiriburu 4.3 5.5 Meghataburu 4.3 6.5 Bolani 4.1 10.0 Gua 2.4 10.0 New 5.0 3.3 6.5 Environment clearance received from MOEF New 12.0 All statutory clearances have been received. 1.5 5.8 Stage-I Forest Clearance has been obtained Mine New Pellet Plants Barsua, Kalta, Taldih Rowghat Chiria Remarks Capacity of Existing mines is being ramped up to meet the requirement of the ongoing expansion plan. The entire requirement of the increased capacity shall be met through captive mines. The timeline for mines expansion is expected to be in line with Steel Plants expansion. New Pellet Plant shall use the existing reserve of fines at captive mines. Raw Materials Year 2013-14 Post Expansion Hot Metal (mtpa) 14.4 23.46 Coking Coal Requirement (mtpa) Linkages of Coking Coal 14.8 (including purchased coke) •Import Component – 70% •Over 90% of imported coal is sourced from Australia. •Indigenous: 30% •Domestic coal is largely sourced from Coal India Ltd. SAIL has existing captive coking coal production of nearly 0.5 mtpa. 21.0 •Long term / Quarterly contracts to cover 95% of Import requirements, w.e.f. FY 11 • Approvals have been accorded for development of Tasra captive coal to produce 4 mtpa of ROM (2 mtpa washed coal) •Sitanala coal block shall also be developed for production of 0.30 mtpa of ROM (0.20 mtpa of washed coal) •New alliances / linkages / acquisitions are being explored Major Joint Ventures – strategic initiatives FOCUS AREA ALLIANCE PARTNER REMARKS SAIL Kobe Iron India Pvt Ltd. – A Joint Venture Company has been formulated for setting up a 0.5 mtpa capacity TECHNOLOGY Plant for producing iron nuggets based on ITmk3 technology. International Coal Ventures Pvt. Ltd., a SPV of 5 leading PSUs incorporated (SAIL, RINL, CIL, NTPC & NMDC) for acquisition of coal assets in overseas territories. ICVL finalized the takeover of Rio Tinto’s operating coal mine and coal assets in Mozambique. RAW MATERIALS M/s SAIL & MOIL Ferro Alloys (Pvt.) Ltd. formed with MOIL for production of Ferro-alloys at Bhilai. M/s S&T Mining Company Pvt. Ltd. formed with Tata Steel for developing coking coal mines in India. Major Joint Ventures – strategic initiatives FOCUS AREA ENERGY ALLIANCE PARTNER REMARKS JV with NTPC & DVC for operating & managing CPPs of Durgapur, Rourkela & Bhilai. Bhilai Jaypee Cement Ltd. -Slag based cement plant of 2.2 million tonne per annum capacity with grinding unit at Bhilai & clinkering unit at Satna. CEMENT Bokaro Jaypee Cement Ltd.- Slag based cement plant of 2.1 million tonne per annum capacity at Bokaro. Major Joint Ventures – strategic initiatives FOCUS AREA SHIPPING ALLIANCE PARTNER OBJECTIVE Joint Venture Company ‘SAIL SCI Shipping Pvt. Ltd.’ to cater to SAIL requirements of shipping imports of coal. • Acquisition of new capsize vessel is in process. SAIL RITES Bengal Wagon Industry Pvt. Ltd. – A Joint WAGON Venture Company has been formed with M/s. RITES for MANUFACTURE setting up Wagon Manufacturing Factory at Kulti, West Bengal. E-PORTAL JV with Tata Steel to promote e-commerce activities in steel and related areas MoUs signed MoUs have been signed with following leading steel makers to collaborate in the strategic areas of mutual interest: • Kobe Steel Limited • Danieli & C MOU signed with Ministry of Railways, NMDC & GoCG for 235 Km long Dalli-Rajhara-Rowghat Jagdalpur Railway line to transport Iron-ore from Rowghat mines to Bhilai Steel Plant. MOU has been signed between SAIL and NMDC for entering into a joint venture for development of low silica limestone mine at Arki, Himachal Pradesh. MoU has been signed with Chhattisgarh Mineral Development Corporation (CMDC) for exploring Eklama Mines at Chattisgarh, under Joint Venture between SAIL and CMDC. Awards and Accolades SAIL has won the PSE Excellence Award-2013 for Corporate Social Responsibility & Sustainability in Maharatna & Navratna category. Advisor to the Hon’ble Prime Minister of India Mr T.K.A. Nair, and Secretary, DPE Mr O.P. Rawat, presented the trophy and the certificate to Chairman, SAIL Mr C.S. Verma in the award function held at New Delhi on 16th December, 2013. In his acceptance speech, Mr Verma dedicated the award to SAIL team and stated that while investing in addition of new capacities, SAIL would also invest more in social and sustainability initiatives. The PSE Excellence Awards have been instituted by the Department of Public Enterprises, Government of India and Indian Chamber of Commerce. 2. A unit of Steel Authority of India Limited (SAIL), Bhilai Steel Plant (BSP), was awarded the top prize in the National Energy Conservation Awards 2013, in recognition of ‘systematic and serious efforts made by BSP for efficient utilization and conservation of energy during the last two years.’ Chairman SAIL Mr C.S. Verma received the award from President of India Shri Pranab Mukherjee, in the presence of Union Minister of State for Power Shri Jyotiraditya Scindia at Vigyan Bhavan here in New Delhi on December 16, 2013. 3. Chairman, SAIL Mr. C.S.Verma has been adjudged 'CEO of the Year' at the 2014 Platts Global Metals Awards. Mr. Verma is the first CEO from India to have been conferred with this honour which was given at a glittering ceremony held in London on 21st May, 2014 which was attended by a large number of eminent industry leaders. The nominees for the awards were industry leaders from 19 countries. Abbreviations used • • • • • • • • ASP BF BOF BPL BSL BSP CS CPLY • • DSP EBIDTA • G.Cal/tcs • • GoI IISI • ISP Alloy Steels Plant Blast Furnace Basic Oxygen Furnace Below Poverty Line Bokaro Steel Limited Bhilai Steel Plant Crude Steel Corresponding Period Last Year Durgapur Steel Plant Earnings Before Interest Depreciation ,Taxes & Ammortization. Giga Calories per tonne of Crude Steel Government of India International Iron & Steel Institute IISCO Steel Plant • • JPC Kg/thm • MEL • • • • • MT Mtpa PAT PBT RDCIS • RINL • • • RSP SSP VISL • TFS Joint Plant Committee Kilo Gram Per Tonne of Hot Metal Maharashtra Elektrosmelt Limited Million Tonne Million Tonne Per Annum Profit After Tax Profit Before Tax Research & Development Centre for Iron & Steel Rashtriya Ispat Nigam Limited Rourkela Steel Plant Salem Steel Plant Visvesvaraya Iron & Steel Plant Total finished Steel Disclaimer Statements / Data which do not relate to SAIL and are used / made in this presentation are from sources which are considered reliable and Company cannot be held for its authenticity. Further, statement describing the Company’s projections, estimates, expectations are “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those expressed depending on the circumstances / situations. Major factors that could affect the Company’s operations include, among others, economic conditions affecting demand / supply and prices in the domestic and global markets in which the Company operates, changes in Government regulations, tax laws and other statutes etc.
© Copyright 2024