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  Business   Companies  05 Oct 2017  Tata Steel India production rises 18 per cent in Apr-Sept

Tata Steel India production rises 18 per cent in Apr-Sept

PTI
Published : Oct 5, 2017, 8:38 pm IST
Updated : Oct 5, 2017, 8:38 pm IST

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 FY 17.

Tata Steel on Thursday said its saleable steel production in the country rose by 18 per cent to 5.98 million tonnes (MT) in April-September.
 Tata Steel on Thursday said its saleable steel production in the country rose by 18 per cent to 5.98 million tonnes (MT) in April-September.

New Delhi: Tata Steel on Thursday 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.

Tags: tata steeel, steel production
Location: India, Maharashtra, Mumbai (Bombay)