RSP achieved high level of production from April to October 2008

Rourkela, Nov 1 (UNI) Rourkela Steel Plant (RSP) continued to sustain high level of production for the cumulative period of April to October of this fiscal.

During October 2008, the steel plant registered output of 2,01,619 tons of Hot Metal from its four Blast Furnaces, which was the highest, compared to any month since inception of the steel plant and also achieved capacity utilisation of nearly 119 per cent.

This led to crude steel production of 1,90,000 ton with capacity utilisation of 118 per cent.

During April to October 2008, the steel plant's Hot Metal output reached 1.32 million ton, Crude Steel production touched 1.24 million ton and Saleable Steel output stood at 1.13 million ton representing capacity utilisation of nearly 113 per cent, 112 per cent and 115 per cent respectively.

In the areas of Hot Metal and Crude Steel, the figures were not only the best ever for any April to October since inception of the plant but indicates growth of 4.6 per cent and 6.2 per cent over the corresponding period of last financial year.

In the finishing mills, Plate Mill achieved all time best April to October production achieving nearly 0.28 million ton, while the unit achieved best ever October production of 43541 ton corresponding to a phenomenal 169 per cent of rated capacity.

The month of October 2008 witnessed unprecedented sluggishness in the market for steel which had resulted in lower volume of sales and accumulation of steel stocks.

UNI BD SJC/SRC2028