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Tata Steel's saleable output at 9.24 MT in April-December

12 January, 2018 10:13 AM
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Tata Steel's saleable output at 9.24 MT in April-December

Tata Steel today said its actual saleable steel output in the country during April-December of of the ongoing fiscal increased by 12.4 per cent to 9.24 million tonne(MT).

The company's saleable steel production in the year-ago period stood at 8.22 MT (actual), Tata Steel said in a statement.

In the third quarter of 2017-18, the saleable steel output increased by 3 per cent to 3.26 MT over 3.16 MT in the corresponding quarter of 2016-17.

The company said it achieved the "best ever quarterly sales of 3.3 MT in December quarter of 2017-18".

Tata Steel Group's annual crude steel capacity is at 27.5 million tonne per annum (MTPA) as on March 31, 2017.

Also read: How Tata Steel is reversing its sunk cost fallacy

Source: moneycontrol.com

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