Chairman SAIL, stresses on producing two third Ferro Alloy requirement in-house

Ranchi (By our correspondent): Anil Chaudhary, chairman while visiting SAIL Chandrapur stresses on producing two third Ferro
Alloy requirement in-house. ‘‘It is time for us to not just concentrate on increasing production capacity but also to become self-reliant in terms of input material as well. Chandrapur Ferro Alloy Plant (CFP) which meets about 40% of SAIL’s Manganese ore based
Ferro-Alloy requirement must raise the production to the rated capacity, so as to enable SAIL to meet two third of it’s total Ferroalloy
requirement. This will not just be a strategic advantage for SAIL but will also lead to better cost efficiency” said, Chairman Steel Authority of India Limited (SAIL), Anil Chaudhary, during his visit to SAIL Chandrapur Ferro-Alloy Plant in Maharashtra.

Shri Chaudhary said that each unit is important in reaching the set targets of production and productivity. Elaborating further on this he
said, “SAIL is committed to the Ministry of Steel’s target of increasing steel production to 300 million tonnes by 2030- 31 and in the process, it will augment production capacity to 50 million tonnes. CFP must tighten its belt start preparing now because this will warrant an increased requirement of ferro alloys and the unit must be able to undertake such an increased requirement in the future.” He further added that the more self-reliant we are in terms of inputs and raw materials, the more will we be able to assert our presence in the market.