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10 Jul
10:45

Tata Steel BSL boosts exports, ramps up after lockdown

Tata Steel BSL saw sales slump -20% on-year in the first fiscal quarter through June (FQ1) to 694,000 tonnes as the Covid-19 pandemic hit industrial activity and consumer sentiment. Crude steel output fell -41% to 659,000t. Tata Steel BSL started ramping up its steelmaking operation at Angul in the second half of June. Downstream facilities are also being ramped up progressively on the back of improvement in market demand and higher capacity utilisation, the firm …
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