06
Apr
08:20
Tata’s output, deliveries surge on strong domestic demand
Tata Steel India’s crude steel production surged 13% on-year to an annual record 19.06 million tonnes in the fiscal year ended 31 March 2022 (FY22), against 16.92mt produced a year earlier. Deliveries picked up by 6% to 18.27mt, mainly on the back of strong domestic demand generated from the automotive, industrial and retail sectors, Kallanish notes.
Production was at record levels “despite the Covid second wave-related disruption early in the financia…
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Anonymous
Very good overview of the weekly steel market.
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