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10 Oct
12:17

Tata’s production falls on-quarter, deliveries up despite monsoon

Tata Steel India’s crude steel production grew marginally, by 2% on-year, to 4.81 million tonnes in the September quarter, against 4.73mt produced a year ago. Production, however, was down 2.23% on-quarter against 4.92mt produced in the June quarter, Kallanish notes. According to the steel company, production was down on the back of a planned maintenance shutdown during the September quarter. Despite seasonal weakness due to monsoons, the company’s de…
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