4th June, 2002
Ministry Of Steel  


RSP RECORDS BEST PERFORMANCE IN MAY


Rourkela Steel Plant (RSP) of the Steel Authority of India Ltd. (SAIL), a public sector undertaking of the Steel Ministry has recorded best ever performance in May 2002, by producing 228044 tonnes of sinter, 128006 tonnes of cast slabs and 108655 tonnes of HR Coils. During the month the continuous casting machines (CCM I & II) had also record performances. The blast furnaces produced 150070 tonnes of hot metal the best ever production in any month so far since inception.

During the month, the plant despatched 68740 tonnes of HR Coils, 6685 tonnes of CRNO and 133520 tonnes of saleable steel which represent best ever May sales since inception. The month also witnessed the lowest ever stocks of saleable steel, brought down to less than two weeks production.

The last fiscal saw a growth of sales of RSP products by 14 per cent and for the current year the planned growth in sales is 20 per cent. In order to improve its bottom line, Rourkela collective has initiated several steps to cut down costs by increased capacity utilization, improvement in yield, improvement in techno-economic parameters and optimizing the consumption of various costly inputs.

In the recently concluded workshop at Ranchi for SAIL's integrated Plants, RSP received approval for its most ambitious cost reduction plan of Rs.190 crore for the current financial year. In tune with these exacting standards, RSP has achieved its lowest ever coke rate of 577 kg/tonne of hot metal in the month of May itself. Efforts are also underway to bring down energy consumption by 8 per cent for the whole year.