SAIL's commercial steel production down by 14% QoQ in Apr-Jun
2021-08-11 15:51:05 [Print]
A report released by SAIL, a state-run steel company in India, showed that its production of commercial steel increased by 65% to about 3.8 million tons over the same period last year. From April to June this year, the situation of COVID-19 in India was severe, leading to stagnation in economic activities, and SAIL only produced 2.3 million tons of commercial steel.
From April to June, SAIL's sales of commercial steel increased by 49% to 3.33 million tons compared with the same period last year.
However, on a quarter-on-quarter basis, the production and sales of commercial steel of SAIL from April to June decreased by 14% and 23% respectively compared with the previous quarter.
From April to June, SAIL's sales of commercial steel increased by 49% to 3.33 million tons compared with the same period last year.
However, on a quarter-on-quarter basis, the production and sales of commercial steel of SAIL from April to June decreased by 14% and 23% respectively compared with the previous quarter.
