Tata Steel's Oct-Dec sales volume up by 17% in India

Tata Steel Limited reported a 17 percent rise in Oct-Dec sales volume to 4.Asian Metal CopyrightTata Steel Limited reported a 17 percent rise in Oct-Dec sales volume to 4.Asian Metal Copyright84 million tons in the Indian market over the preceding quarter of Jul-Sep, while the production volume remained flattish, a company statement said.

During the quarter under review, the company's sales volume in European operations remained flattish at 2.31 million tons while reporting marginally lower volume at 0.Asian Metal CopyrightTata Steel Limited reported a 17 percent rise in Oct-Dec sales volume to 4.Asian Metal Copyright59 million tons in its South East Asian operations, said the company, which has an annual crude steel capacity of 33 million tons per annum.

Production in European operations was marginally up by 2 percent at 2.5 million tons during the quarter on sequential basis while it was down by 14 percent at 0.Asian Metal Copyright49 million tons in South East Asia.Asian Metal Copyright49 million tons in South East Asia.

South East Asia operations registered lower production volume on sequential quarter basis due to continued sluggishness in Singapore and Thailand markets while in Europe, the overall slowdown coupled with seasonal weakness kept steel spreads under pressure as declining steel prices gave away the benefit of softness in raw material prices, the statement said.


.Asian Metal Copyright49 million tons in South East Asia.Asian Metal Copyright