A quick look at SAIL (Steel Authority of India)
Summary :
Table of Contents
- Introduction
- The origin of Steel Authority of India (SAIL)
- The evolution of SAIL
- Capital structure analysis with solvency ratios
- Investment analysis
- Profitability analysis
- Debt analysis
- Conclusion
Abstract
Incorporated in 1973, the steel authority of india (sail) is a giant among the steel majors in india. It is the largest steel conglomerate in the country and the world's ninth-largest steelmaker. It manages and operates five integrated steel plants at Bhilai, Madhya Pradesh; Bokaro, Bihar; Durgapur, West Bengal; Rourkela, Orissa; and Burnpur, West Bengal. It also has four units for special and alloy steels and ferro alloys at Durgapur, West Bengal; Salem, Tamil Nadu; Chandrapur, Maharashtra; and Bhadravati, Karnataka. sail operates nine iron ore, five limestone, three dolomite and three coal mines besides generating 700 MW of captive power. The Central Marketing Organization, with its headquarters at Calcutta, monitors its domestic market through an expanding network of stockyards, dockyards, branch sales offices and consignment agents while the International Trade Division looks after its export of world-class steel to as many as 70 countries across the globe, by establishing close liaison with buyers abroad.
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