Tata Steel’s Q1 consolidated steel output grows 9 per cent to 7.61 MT

Tata Steel’s Q1 consolidated steel output grows 9 per cent to 7.61 MT
17/07/2019 , by , in ALLIED

Domestic steel giant Tata Steel Sunday said its consolidated steel production rose by 9.18 per cent to 7.61 million tonnes (MT) in the first quarter of the current fiscal.

The company’s output in the year-ago period was at 6.97 MT, Tata Steel Ltd said in a BSE filing.

During April-June 2019, Tata Steel India produced 4.37 MT as against 3.64 MT in the same quarter a year ago.

In Europe, Tata Steel Europe produced 2.66 MT in the quarter as compared to 2.81 MT in the same period of 2018-19.

Tata Steel South East Asia produced 0.58 MT in April-June over 0.52 MT in the corresponding quarter last fiscal.

Tata Steel’s consolidated sales during the quarter under review stood at 6.75 MT, up from 6.39 MT in the same period a year ago.

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