Crude steel output of Tata Steel surges over 43%, sales by 35%
Steel

Crude steel output of Tata Steel surges over 43%, sales by 35%

Tata Steel's consolidated crude steel output increased by over 43% in the quarter ended June 30, 2021, to 7.94 million tonnes (mt).

Tata Steel said in a statement released on Sunday that the company's consolidated steel output in the previous quarter was 5.53 mt.

The company's consolidated sales increased by 35% from 5.33 mt in the same quarter last year to 7.14 mt in the April-June fiscal period of 2021-22.

In India, the company produced 4.62 mt of steel, up 55% from 2.99 mt in the April-June quarter of the fiscal year 2020-21, which was hampered by the Covid-19 pandemic and a nationwide lockdown.

Tata Steel India increased its deliveries by 42% to 4.15 mt from 2.93 mt a year ago.

Tata Steel Europe's steel production increased by 27% to 2.73 mt in the quarter under review, compared to 2.15 mt the year before. While deliveries increased by 19% to 2.36 mt from 1.98 mt the previous year.

Tata Steel Southeast Asia's production increased by 49% to 0.59 mt in April-June of last year, compared to 0.39 mt in April-June of the previous year. In Southeast Asia, deliveries increased by 50% to 0.63 mt from 0.42 mt a year ago.

Tata Steel Limited, headquartered in Mumbai, Maharashtra, India, is an Indian multinational steel-making company based in Jamshedpur, Jharkhand. The Tata Group owns the company.

Tata Steel, formerly known as Tata Iron and Steel Company Limited (TISCO), is one of the world's largest steel producers, with an annual crude steel capacity of 34 million tonnes. With operations and commercial presence all over the world, it is one of the world's most geographically diverse steel producers.

Image Source


Also read: JSW Steel plans Rs 25k cr investment to increase capacity to 37 mt

Also read: India’s fastest growing steel companies in 2020: CW Survey

Tata Steel's consolidated crude steel output increased by over 43% in the quarter ended June 30, 2021, to 7.94 million tonnes (mt). Tata Steel said in a statement released on Sunday that the company's consolidated steel output in the previous quarter was 5.53 mt. The company's consolidated sales increased by 35% from 5.33 mt in the same quarter last year to 7.14 mt in the April-June fiscal period of 2021-22. In India, the company produced 4.62 mt of steel, up 55% from 2.99 mt in the April-June quarter of the fiscal year 2020-21, which was hampered by the Covid-19 pandemic and a nationwide lockdown. Tata Steel India increased its deliveries by 42% to 4.15 mt from 2.93 mt a year ago. Tata Steel Europe's steel production increased by 27% to 2.73 mt in the quarter under review, compared to 2.15 mt the year before. While deliveries increased by 19% to 2.36 mt from 1.98 mt the previous year. Tata Steel Southeast Asia's production increased by 49% to 0.59 mt in April-June of last year, compared to 0.39 mt in April-June of the previous year. In Southeast Asia, deliveries increased by 50% to 0.63 mt from 0.42 mt a year ago. Tata Steel Limited, headquartered in Mumbai, Maharashtra, India, is an Indian multinational steel-making company based in Jamshedpur, Jharkhand. The Tata Group owns the company. Tata Steel, formerly known as Tata Iron and Steel Company Limited (TISCO), is one of the world's largest steel producers, with an annual crude steel capacity of 34 million tonnes. With operations and commercial presence all over the world, it is one of the world's most geographically diverse steel producers. Image Source Also read: JSW Steel plans Rs 25k cr investment to increase capacity to 37 mt Also read: India’s fastest growing steel companies in 2020: CW Survey

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code