India becomes second largest steel producer of Crude Steel

SAIL Posts Strongest-ever FY26 Performance With Record Sales and Production

On the production side, SAIL registered its highest-ever crude steel output at 19.43 million tonnes and saleable steel production at 19.176 million tonnes, marking a new operational high for the company. The performance, according to the Ministry of Steel, also reflected improvements in efficiency parameters, underscoring SAIL’s push toward more competitive and sustainable steelmaking.

Steel Authority of India Limited (SAIL) delivered its best-ever annual performance in FY 2025-26, setting new records in both sales and production as the state-run steel major strengthened its position in the domestic and export markets. The company reported record sales of 20.14 million tonnes, up 11.5 percent from 18.07 million tonnes in the previous year, with growth recorded across all product categories.

On the production side, SAIL registered its highest-ever crude steel output at 19.43 million tonnes and saleable steel production at 19.176 million tonnes, marking a new operational high for the company. The performance, according to the Ministry of Steel, also reflected improvements in efficiency parameters, underscoring SAIL’s push toward more competitive and sustainable steelmaking.

The company also posted a strong performance in strategic supply segments. It supplied a record 1.25 million tonnes to Indian Railways and achieved an all-time high in long rail production from its Universal Rail Mill, highlighting its central role in supporting India’s expanding railway infrastructure.

Exports also saw a sharp jump during the year. SAIL’s overseas shipments rose to 2.9 lakh tonnes, registering 162 percent growth, with the company expanding into new international markets including Bhutan. The broad-based rise in domestic sales, improved production, stronger rail supplies and export growth together made FY26 the strongest year in the company’s history.

The latest numbers are significant because they show SAIL not only scaling up output, but also improving market reach and product movement at a time when steel demand is being driven by infrastructure, rail expansion and broader industrial activity. The record performance is likely to reinforce the company’s role as a key pillar of India’s public-sector steel ecosystem.


Reference: PIB