India’s state-owned steelmaker Steel Authority of India Limited (SAIL) recorded its highest-ever sales for the April 2025-February 2026 period, supported by strong domestic demand and expanded customer outreach, according to India’s Ministry of Steel.
The company sold 18.24 mln tons of steel during the eleven-month period of FY26, marking a 14pct YoY increase and the highest sales volume achieved in any comparable period in its history. February 2026 sales reached 1.58 mln tons.
Cash collections during the period exceeded USD 10.86 billion, rising 10pct YoY, driven by improved order execution, stronger retail distribution and higher throughput at stockyards and direct delivery points.
Retail sales, stockyard volumes and door deliveries also increased as SAIL expanded its direct market presence and reduced reliance on intermediary channels.
The strong performance comes amid sustained infrastructure spending in India, which continues to support demand for construction and industrial steel products.
SAIL currently has crude steel production capacity of about 20.6 mln tons per year and aims to expand capacity to 35 mln tons by FY2031. The company operates five integrated steel plants and three special steel plants across India.
