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Tata Steel June quarter crude steel output jumps over 43%; sales up 35%

July 13, 2021
Latest company news about Tata Steel June quarter crude steel output jumps over 43%; sales up 35%

TATATATA STEELSteel major Tata Steel NSE 0.47% has posted an over 43 per cent jump in its consolidated crude steel output at 7.94 million tonne (MT) during the quarter ended June 30, 2021.Tata Steel India deliveries increased by 42 per cent to 415 MT from 293 MT a vear ago.During the April-June period of 2021-22fiscal, the company's consolidated sales also rose to 7.14 MT, from 5.33 MT in the same quarter a year ago, a rise of 35 per cent.In India, the company produced 4.62 MT steel, 55 per cent higher compared to 2.99 MT in April-June quarter of financial year 2020-21, which was impacted due to the COVID-19 pandemic and the stringent nationwide lockdown.Tata Steel India deliveries increased by 42 per cent to 4.15 MT from 2.93 MTa year ago.