8th July, 2002
Ministry of Steel  


VSP'S HOT METAL PRODUCTION UP 39 PER CENT


The hot metal production in the Vizag Steel Plant (VSP), during the first quarter of this year, has been 9.4 lakh tonnes registering a growth of 39 per cent. The plant during these three months, has produced 8.1 lakh tonnes of liquid steel and 7.2 lakh tonnes of saleable steel, showing growth of 30 per cent and 16 per cent respectively over the first quarter of 2001-02. The plant has achieved a sales turnover of RS.949 crore, a growth of 6 per cent over the first quarter of last year. These are the best first quarter performances since inception.

During June 2002 VSP produced 315,015 tonnes of hot metal, 270,997 tonnes of liquid steel, 281,796 tonnes of saleable steel and 41,706 tonnes of value added products which are the best June performance since inception. The techno economics during the month include specific energy consumption of 6.33 G.cal/tls and labour productivity of 246 t/man year which are also the best indices for any June month since inception. The sales turnover of Rs.361 crores in June' 02 with a growth rate of 15 per cent over June'01 is also a record . Its domestic and exports sales have registered growths of 10 per cent and 76 per cent respectively over June' 01.