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09 Oct
11:27

Tata registers India sales drop, automotive segment strong

Tata Steel reported a 2% on-year decline in India operations sales in the September quarter to 4.82 million tonnes. Automotive segment deliveries nevertheless registered a September-quarter record high, as Tata began to receive approvals from automotive OEMs for cold rolled steel from its recently commissioned Kalinganagar CR mill. India operations crude steel output rose 4% on-year to 4.99mt, Kallanish notes. In the first half of the fiscal year through March 20…
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