Tata Steel Q3 hot metal production at 2.69 mt Vs 2.38 mt (YoY)

The company reported saleable steel production was higher by 13.1% y-o-y (to 2.51 million tonnes), and sales increased by 10.3% yo-y to 2.35 million tonnes in Q3 FY’16.

Tata Steel Limited registered Hot Metal and Crude Steel production of 2.69 million tonnes (up by 13.1% y-o-y) and 2.55 million tonnes (up by 11.3% y-o-y) respectively for Q3 FY’16. Saleable Steel production was higher by 13.1% y-o-y (to 2.51 million tonnes), and Sales increased by 10.3% yo-y to 2.35 million tonnes in Q3 FY’16.


Major Highlights

•  Pellet Plant has achieved best ever Q3 production of 1.43 million tonnes (Previous best 1.03 million tonnes in Q3 FY’15).
•  Sinter Plant has achieved best ever Q3 production of 2.05 million tonnes (Previous best 1.91 million tonnes in Q3 FY’14).
• Blast Furnaces has achieved lowest best ever coke rate of 372 Kg/thm in Q3 (Previous best 435 Kg/thm in Q3 FY’10) and highest best ever coal rate of 172 Kg/thm in Q3 (Previous best 130 Kg/thm in Q3 FY’14).
• Steel Melting Shops has achieved best ever Q3 production of 2.55 million tonnes (Previous best 2.29 million tonnes in Q3 FY’15).
•  Hot Strip Mill achieved its best ever Q3 production of 1.01 million tonnes (Previous best 0.99 million tonnes in Q3 FY’13).
• New Bar Mill achieved its best ever Q3 production of 0.25 million tonnes (Previous best 0.23 million tonnes in Q3 FY’15).
•  Best-ever Q3 Tata Tiscon sales of 0.31 million tonnes (Previous best 0.29 million tonnes in Q3 FY’15).
• Best-ever Q3 Tata Astrum sales of 0.26 million tonnes (Previous best 0.24 million tonnes in Q3 FY’15)

Other Highlights

• Tata Steel has been awarded as the “Largest steel company in Construction Segment” by media publication Construction World in the 13th Construction World Annual Awards 2015 function held in Mumbai on 16th Oct’15.
• Tata Steel received “2nd prize - IIM Sustainability Award 2014-15” from Hon'able Union Minister for steel during NMD - IIM symposium held at Coimbatore on 14th Nov’15 for significant contribution in the field of sustainability.
•  Tata Steel has been declared as the Winner of ‘Golden Peacock Award for Risk Management’ for the year 2015, by the Awards Jury. This award has been instituted by Institute of Directors (IOD), India for the first time for Risk Management.
•  Tata Steel was awarded for “Significant Achievement in Employee Relations” by the Employer’s Federation of India (EFI) for the year 2015 on the 9th Dec’15 in Mumbai.
• Tata Steel dedicated its Kalinganagar Steel plant to the state of Odisha on 18th Nov’15. Hon'ble Chief Minister of Odisha, Mr Naveen Patnaik attended the function as Chief Guest.
•  Tata Steel has won the 'Prime Minister's Trophy for the best Integrated Steel Plant' in the country for the year 2013-1