Tata Steel Ltd.

Tata Steel has reported marginal rise of three per cent in its December quarter sales at 21.29 lakh tonnes against 20.66 lakh tonnes in the same period last year. Saleable steel production was at 22.21 lakh tonnes, up three per cent, against 21.50 lakh tonnes in the December quarter last year. The company achieved the highest-ever pellet production of 1.03 million tonnes in the quarter.

Similarly, output peaked for various other steel products such as wire rods and flat products. It achieved the best-ever sales to the automotive segment of 0.34 million tonnes (the previous best being 0.28 million tonnes in the third quarter of last fiscal).

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.