Tata Steel says combined monthly sales of Kalinganagar and Jamshedpur

01 November 2016

Tata Steel said its Indian operations have achieved a major milestone of with combined monthly sales of Kalinganagar and Jamshedpur crossing one million tonne for the first time last month. This was possible with a ramp up in steelmaking facilities at Kalinganagar following its production breakthrough in June this year. The new plant crossed production one million tonne in hot metal production in less than six months after commissioning.

Currently Tata Steel has a 44% stake in auto segment and is banking heavily on Kalinganagar to enrich its product basket. A revival in the sector -sales have been strong for car and two-wheeler makers and with a bumper festival period ahead- the company is upbeat about demand from the sector that accounts for nearly 18% of the company’s sales by value.

At Kalinganagar, Tata Steel is close to achieving the two million tonne mark in production and is producing over 1,50,000 tonnes of hot metal very month. The plant is on track to achieve its three million tonne capacity by next fiscal.

Tata Steel was able to stabilize the hot strip mill at Kalinganagar much faster than the time taken to do so at Jamshedpur earlier. This is largely due to the experience that the company has gathered over the years.

The company has set a target of achieving additional sales of one million tonne this year. With Kalinganagar progressing well we hope to be able to meet it. While it is producing 9.7 million tonne per annum at Jamshedpur, it hopes to be able to sale one million tonne per month once Kalinganagar achieves its initial phase capacity of three million tonne per annum.

Source – ET