S.A.L Steel Ltd (SALSTEEL)

S.A.L. Steel Limited is an Indiabased iron and steel company. The Company is engaged in manufacturing ferro alloys and sponge iron. It produces sponge iron ferro alloys power and manganese steel MS and stainless steel SS angle. Out of the total production 50 of sponge iron is used by Shah Alloys Ltd. and remaining 50 is sold to steel industries and states such as Rajasthan Haryana Punjab and Himachal Pradesh. The Companys ferro alloys plant capacity is 60000 tons per annum. The Company generates Power 40 megawatt from its waste heat recovery boiler and fluidized bed combustion boiler. SAL Steel is a versatile steel Ferro Alloys and Power Company having operations near Kandla Port in the state of Gujarat in Western India. The company was incorporated in the year 2003.The company is also selling power to various customers from its 40 MW power plant. The company has double advantage of having proximity one of the busiest commercial port and also to the customer of companys finished products. It has been successful in securing long term tieup for our various raw materials by renowned suppliers. This has led up to achieve consistent high standard of quality in its finished products.During the fiscal year ended March 31 2010 fiscal 2010 its net saleable production of sponge iron was 69069 million tons ferro chrome was 11973.184 million tons and silicon manganese was 2933.685 million tons. During fiscal 2010 the Companys net saleable production of power was 99545.930 megawatt hours.

S.A.L Steel Ltd Share Price: ₹15.70 per share as on 30 May, 2023 04:01 PM
S.A.L Steel Ltd Market Capitalisation: ₹143.60Cr as of today
S.A.L Steel Ltd Listing date: 24 Nov, 2004
S.A.L Steel Ltd Chairperson Name: Rajendra V Shah