In Q2 of FY2023–2024, Tata Steel's crude steel output from its Indian plants increased by 4%.
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India
04-11-2023
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According to a company statement released on Friday, November 3, Indian steel manufacturer Tata Steel Limited produced 4.99 million mt of crude steel from its Indian operations during the second quarter (July–September) of the fiscal year 2023–24, up 4% from the previous year.While exports fell 52% year over year to 450,000 mt, total domestic sales were reported at 4.82 million mt during the specified time, nearly the same as in the equivalent quarter of the previous fiscal year.While sales were reported at 1.79 million mt, compared to 1.87 million mt in the same quarter of the previous fiscal year, Tata Steel Europe achieved crude steel output of 1.99 million mt in the July-September quarter, down from 2.40 million mt in the previous fiscal year.