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Expect there will be substantial demand after lockdown is lifted, says SAIL

Updated : April 24, 2020 03:17 PM IST

Steel Authority of India Ltd (SAIL) has come out with its operational numbers for FY20. Anil Kumar Chaudhary, chairman of SAIL, discussed with CNBC-TV18 the company's operational capacity, liquidity situation on ground and debt levels.

"Steel is a continuous process industry, there is some built-up of inventory. However, that is manageable. There is nothing unprecedented in the steel industry. Domestic market is dried up. Substantial demand is expected after opening up of the lockdown from the construction and infrastructure sector, which should help the company in taking care of the high level of inventories," Chaudhary said.
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