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
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.
. 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.