MoneyWorks4Me

Tata Steel reports 18% rise in steel production in April-September

06 Oct 2017 Evaluate

Tata Steel has reported 18% rise in its saleable steel production to 5.98 million tonnes (MT) in April-September FY18 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.

Meanwhile, 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.

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.

Peers
Company Name CMP
JSW Steel 1248.80
Tata Steel 182.85
Steel Authority 173.05
Jindal Stainless 730.60
APL Apollo Tubes 2116.50
View more..