Millennium Post
Business

Tata Steel Q2 steel output rises 18 per cent

Tata Steel on Wednesday said that production of the saleable metal recorded a jump of 18 per cent in July -September quarter of the current fiscal at 2.2 million tonnes.

Saleable steel production was up from 1.86 MT logged in the second quarter of 2012-13 fiscal. 'Saleable Steel production increased by 18 per cent y-o-y in Q2 (to 2.2 MT) and by 21 per cent y-o-y in H1 (to 4.35 MT), Tata Steel said in a statement.

The hot metal production during the quarter was up 19 per cent at 2.46 MT over Q2 of previous fiscal. For first half of the 2013-14 it was up by 20 per cent at 4.93 MT. Its crude steel production was recorded at 2.29 MT in Q2, up 19 per cent y-o-y and 4.51 MT in H1, up 21 per cent y-o-y.
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