Wednesday, 10 July 2013

Tata Steel India Q1 sales up 26% to 2.1 MT

Tata Steel  India today reported over 26 percent jump in sales at 2.005 million tonnes (MT) in the first quarter of this fiscal ended June 30.

The steel maker had sold 1.585 MT during the April-June quarter of previous fiscal and 2.279 MT during the January-March, 2013 period, it said in a statement.

Production of saleable steel of the company also rose by 23 percent to touch at 2.145 MT during the April-June period of the current fiscal from 1.740 MT a year ago. Tata Steel had produced 2.263 MT saleable steel during January-March 2013 quarter.

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