SAIL exceeds Q1 capex target

Steel Authority of India exceeded its capital expenditure target for the first quarter. The company chairman highlighted contained borrowings and reduced borrowing costs effectively. Blast furnace productivity improved significantly, reinforcing steelmaking economics through optimization. Scheduled capital repairs were advanced proactively to ensure future operational stability. These strategic actions secured stability for the coming quarters of operations.

Raccontata daeconomictimes.indiatimes.com