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Tata Steel’s crude steel production increases by 5% to 4.5 MT in Q2FY20

11 Oct 2019 Evaluate

Tata Steel’s crude steel production has increased by 4.65 per cent to 4.5 million tonne (MT) in second quarter ended September 30 (Q2FY20) as against 4.3 MT in the corresponding quarter last fiscal. The crude steel production also includes numbers from Tata Steel BSL and Tata Steel Long Products, without eliminating inter-company transaction. The company’s overseas arm Tata Steel Europe reported liquid steel production of 2.46 MT during quarter as against 2.42 MT in Q2 FY19.

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 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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