3.35 (1.78%) Tata Steel has reported best-ever quarterly steel production and sales in the October-December period owing to record production of crude and hot metal to reach an annual crude steel capacity at 8.35 million tonnes. It has recorded hot metal production at 2.28 million tonnes in the third quarter of current fiscal against previous best at 2.07 million tonnes in second quarter 2012-13, while the crude steel production stood at 2.09 million tonnes compared to previous best at 1.93 million tonnes in second quarter 2012-13.
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.