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Tata Steel reports marginal fall in steel production in Q4FY18

02 Apr 2018 Evaluate

Tata Steel has reported a marginal fall in its saleable steel production at 3.02 MT (provisional) in Q4FY18, as against 3.13 MT in Q4FY17 and 3.26 MT in Q3FY18.

The production was at 12.26 MT (provisional) during the period of April-March 2018 as against 11.35 MT during the period of April-March 2017.

Besides, the company’s sales in India were at 3.0 MT (provisional) in Q4FY18 against 3.2 MT in Q4FY17. Further, the sales were at 12.13 MT (provisional) during the period of April-March 2018 as compared to 10.97 MT during the period of April-March 2017.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.

Peers
Company Name CMP
JSW Steel 1248.80
Tata Steel 182.85
Steel Authority 173.05
Jindal Stainless 730.75
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