Tata Steel Ltd.

Tata Steel has reported an over two per cent rise in consolidated steel output to 7.68 million tonnes (MT) for the October-December 2021 period. The company's consolidated steel production had stood at 7.51 MT in the corresponding period of the previous financial year 2020-21.

However, its consolidated sales during October-December 2021 fell by around 3 per cent to 6.88 MT, against 7.09 MT in the year-ago period. In India, Tata Steel produced 4.80 MT of steel in the December 2021 quarter, compared to 4.60 MT a year ago. The sales in India stood at 4.41 MT, against 4.65 MT a year ago.

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.