regular-article-logo Tuesday, 26 September 2023

BSL sets new records in fiscal year

Growth in production, increase in export with a foray into the European market

Our Correspondent Bokaro Published 03.04.21, 08:46 PM
An aerial view of Bokaro Steel Plant

An aerial view of Bokaro Steel Plant The Telegraph picture

The Bokaro Steel Plant overcame unprecedented challenges and hurdles posed by the Covid-19 pandemic to set several new monthly and annual production records in 2020-21.

BSL, a unit of Steel Authority of India Limited, registered a record cash collection of Rs 2,858 crore in March.


The fiscal year also proved to be a good year in terms of performance in Despatch and Techno-Economic indices. With the addition of some new facilities, the plant also upgraded its production processes last year.

In 2020-21, BSL registered a growth of 2.6% in production of HR Plate and HR Sheet compared with 2019-20 and a 1.5% increase in the production of CR Saleable from CRM-3, said Manikant Dhan, chief of communication.

In the financial year 2020-21, BSL exported more than three lakh tonnes of steel to several countries including China.

In the month of March, BSL made forays into the European market by exporting 12,436 tonnes of steel with CI mark certification for the first time. BSL signed a MoU with NHAI for supply of fly ash for road construction projects. Till now, BSL has already supplied 1,70,000 cubic metre of fly ash to NHAI.

“The year 2020-21 was also remarkable in terms of progress and stabilisation in the new facilities in the plant including installation of caster in the new Steel Melting Shop, commissioning of zero liquid discharge facility in CRM-3, commissioning of second stream along with alternating network line of coke oven gas line etc,” said Dhan.

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