The Ore Deal

SAIL is India's largest steel producer, accounting for over 20% of the country's total steel production. It is also one of the largest steelmakers in the world, with a crude steel production capacity of over 23million tonnes per annum.SAIL has five integrated steel plants, three special steel plants, and a number of ferro-alloy plants.The company's products include hot rolled coils, cold rolled coils, plates, sheets, structurals, rails, and pig iron. SAIL's customers include a wide range of industries, including automotive, construction, engineering,and infrastructure.The companies products are also exported to over 60 countries around the world.SAIL is a major contributor to the Indian economy. It employs over 1.5 lakh people and generates direct and indirect employment for over 5 million people. Interpretation SAIL's profitability has been increasing steadily over time, with its RONA increasing from 8.79% in 2019 to 15.70% in 2023. This is a very positive sign...

The metal and mining industry is one of the most important sectors in the global economy. It is responsible for extracting and processing the raw materials that are used to manufacture everything from cars and airplanes to buildings and bridges. The industry is also a major employer, providing jobs for millions of people around the world. Indian Metal and Mining Industry The Indian metal and mining industry is one of the largest in the world. India is a major producer of minerals such as iron ore, coal, bauxite, and manganese. The industry also plays a vital role in the Indian economy, contributing around 10% to the country's GDP. Companies in Focus 👀 This blog will focus on five of the largest and most important metal and mining companies in India: National Mineral Development Corporation (NMDC) : NMDC is India's largest producer of iron ore. It is also a major producer of manganese ore and limestone. Coal India: Coal India is India's largest co...