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| Tata Steel sales up 45% in March |
| BS Reporter / Kolkata Apr 06, 2009, 21:17 IST |
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Tata Steel has recorded a 45 per cent increase in sales in March 2009 to 6,96,000 tonnes from Jamshedpur Works, as compared to 4,79,000 tonnes in March 2008.
Hot metal, crude steel and saleable steel grew at 20 per cent, 17 per cent and 28 per cent, respectively, in March 2009 over the same period last year.
Sales for the year ended March 31, 2009, grew by nine per cent to 5.23 million tonnes. The company recorded its highest ever sales of flat products (primarily used by auto and white goods sectors) at 3.22 million tones for the year ended March 31, 2009. Long products (mainly used for construction) sales at 2 million tonnes was an increase of 25 per cent.
The newly commissioned blast furnace ‘H’ in its very first year surpassed its yearly target and was running above rated capacity, according to the company.
Industry sources said that the sector was seeing a surge in demand, led by the auto and white goods sectors. In the construction sector, there was demand from infrastructure projects.
One of the finishing mill, the new bar mill, achieved its highest ever production of 0.611 million tonnes. The West Bokaro division for the first time dispatched 1.956 million tonnes of clean coal.
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