Epic Update: SAIL

Epicresearch

Asha Soni
Steel Authority of India’s (SAIL) inventories have started contracting with the pick-up in demand from end-users from the beginning of this month. SAIL’s inventory at the end of March, 2012 stood at four lakh tonnes. Company's inventories started accumulating during the monsoon and the ongoing festive season to around one million tonne on account of lower demand from consumer goods, additional capacity build up and increased imports.

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