Tata Steel’s saleable output at 9.24 MT in April-December

15 January 2018

Tata Steel stated its actual saleable steel output in the country during April-December of of the ongoing fiscal increased by 12.4% to 9.24 million tonne (MT).

The company’s saleable steel production in the year-ago period stood at 8.22 MT (actual), Tata Steel said in a statement.

In the third quarter of 2017-18, the saleable steel output increased by 3% to 3.26 MT over 3.16 MT in the corresponding quarter of 2016-17.

The company said it achieved the “best ever quarterly sales of 3.3 MT in December quarter of 2017-18”.

Tata Steel Group’s annual crude steel capacity is at 27.5 million tonne per annum (MTPA) as on March 31, 2017. The company has operations in 26 countries and a commercial presence in over 50 countries.

Source: PTI