Companies

Tata Steel India production rises 18% in April—Sept

PTI New Delhi | Updated on January 08, 2018

Tata Steel today said its saleable steel production in the country rose by 18 per cent to 5.98 million tonnes (MT) in April—September this year compared to 5.06 MT in the same period last year.

The saleable steel output in the July—September quarter of the current fiscal was at 3.02 MT (provisional) against 2.72 MT in the corresponding quarter of previous fiscal, Tata Steel said in a statement.

The company’s sales in India were at 5.88 MT in April— September this fiscal against 4.77 MT in the first half of FY2017.

“Q2 FY18 sales registered a volume growth of 12 per cent (Q—o—Q) and 17 per cent (Y—o—Y),” the statement said.

Tata Steel Group with an annual crude steel capacity of 27.5 million tonnes per annum as on March 31, 2017 has operations in 26 countries.

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Published on October 05, 2017
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