Tata Steel India production rises 18% in Apr-Sept

Tata Steel today 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.