November 20, 2008

TATA Steel\'s April to June sales up by 11% YoY

It is reported that TATA Steel Limited India's biggest steelmaker sold 11% YoY more of steel in the 3 months ended June 30 from a year earlier.

TATA Steel Limited said that hot metal production up by 3.2% to 1.387 million tonnes while crude steel output rose 8.6% to 1.253 million tonnes. Its saleable steel production went up by 11.5% to 1.187 million tonnes.

It said that sales in the April to June period were 1.08 million tonnes. Dispatches to carmakers up by 0.216 million tonnes in the quarter.