11
Jan
14:04
Tata, JSW raise output in December quarter
Tata Steel’s sales in India fell -4% on-year in the December quarter to 4.66 million tonnes, constrained by lower opening inventory after strong September-quarter sales. Production however rose 3% to 4.6mt.
Domestic deliveries rose 4% in the quarter to 4.16mt, but exports fell to 11% of overall deliveries, Kallanish notes.
Tata Steel Europe saw sales fall -10% on-year in the December quarter to 2.11mt due to lower opening inventories and Covid-19 impact, bu…
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Anonymous
Very good overview of the weekly steel market.
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