8th World Antimony Forum
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Guiyang, Guizhou, China
12th Rare Earth Summit
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Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
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Hangzhou, Zhejiang, China
9th Magnesium Summit
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Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
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Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
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May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Tata Steel's sales down by 22.8% YOY in Apr-Jun
2020-07-10 13:48:50 【Print】
Tata Steel Ltd. (TSL) on Thursday said its consolidated sales fell 22.8% to 5.28 million tonnes (MT) during the April-June quarter, from consolidated sales of 6.84 MT in the year-earlier period, as the COVID-19 pandemic disrupted operations.
Consolidated production during the quarter also fell 28.5% to 5.52 MT from 7.72 MT in the first quarter of 2019-20, TSL said in a regulatory filing.
In the just concluded quarter, TSL's India sales were at 2.92 MT, down from 3.96 MT in the year-earlier period, while the production volume fell to 2.99 MT from 4.5 MT. Sales in Europe fell to 1.94 MT, from 2.26 MT a year earlier, while output fell to 2.14 MT from 2.65 MT.
TSL said overall in the first quarter of 2020-21, production and sales volumes were lower as the outbreak of COVID-19 and ensuing mobility restrictions impacted industrial activity and consumer sentiment across all geographies.
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Consolidated production during the quarter also fell 28.5% to 5.52 MT from 7.72 MT in the first quarter of 2019-20, TSL said in a regulatory filing.
In the just concluded quarter, TSL's India sales were at 2.92 MT, down from 3.96 MT in the year-earlier period, while the production volume fell to 2.99 MT from 4.5 MT. Sales in Europe fell to 1.94 MT, from 2.26 MT a year earlier, while output fell to 2.14 MT from 2.65 MT.
TSL said overall in the first quarter of 2020-21, production and sales volumes were lower as the outbreak of COVID-19 and ensuing mobility restrictions impacted industrial activity and consumer sentiment across all geographies.
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