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| Tata Steel sales up 22% in April-Feb |
| BS Reporter / New Delhi Mar 07, 2010, 00:56 IST |
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Tata Steel, the country’s largest steel producer, sold 5.54 million tonnes of steel during April-February, registering a growth of 22 per cent over the same period of 2008-09. The company’s production of hot metal, crude steel and saleable steel also experienced growth.
“Tata Steel completed February with an increase in its hot metal, crude steel and saleable steel production over the corresponding month of last year,” the company said in a statement today.
The firm’s total production of hot metal rose by 17 per cent to 6.60 million tonnes, crude steel by 18 per cent to 6 million tonnes and saleable steel by 22 per cent to 5.86 million tonnes.
In February, it produced 587,000 tonnes of hot metal compared to 517,000 tonne, crude steel output stood at 527,000 tonnes from 466,000 tonne and 500,000 tonnes of saleable steel as against 498,000 tonnes.
The company had recently hiked the prices of its long steel products and flat steel products on the back of a hike in excise duty to 10 per cent announced in the finance bill 2010-2011.
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