Productivity and Environmental Performances: Analytical Study across Major Public Sector Steel Plants in India

Abstract

 This study conducts an empirical investigation of public sector prominent steel plants in India: SAIL DSP Durgapur, SAIL BSP Bhilai , SAIL BSL Bokaro, SAIL RSP Rourkela , SAIL ISP Burnpur, and overall Steel Authority of India Limited (SAIL). The analysis seeks to examine the connection between production and environmental management strategies by utilizing many performance indicators from 2001 to 2023. This report emphasizes the necessity for India to greatly increase its steel manufacturing capacity and tackle environmental concerns, as the country's steel consumption is expected to reach 720 million metric tons by 2050. The analyzed key indicators include Coke rate, BF productivity, Specific Energy, Specific Water Consumption. The study utilizes suitable econometric techniques to thoroughly comprehend the sustainability and effectiveness of these steel facilities. The results emphasize the significance of implementing cutting-edge technologies and sustainable methods to fulfil future requirements while reducing environmental consequences.