Tata Steel’s consolidated production declined 7.69% to 7.08 million tonnes (MT) in the first quarter of FY24 (Q1FY24). The company's consolidated production was at 7.67 MT during April-June of the preceding financial year. Consolidated deliveries however rose 7.97% to 7.04 MT from 6.52 MT in the same period of the last fiscal.
In India, Tata Steel India produced 5.01 MT of steel over 4.92 MT in the year-ago quarter. The deliveries in India rose to 4.80 MT from 4.07 MT a year ago. Tata Steel Europe saw its production fall to 1.81 MT from 2.44 MT in April-June FY23. In Europe, the deliveries fell to 1.97 MT from 2.14 MT in the same quarter a year ago. In Thailand, Tata Steel Thailand produced 0.26 MT, down from 0.31 MT Q1 in the preceding fiscal. In Thailand also deliveries reduced to 0.27 MT from 0.31 MT in the year-ago quarter.
Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.
Company Name | CMP |
---|---|
Tata Steel | 140.35 |
JSW Steel | 922.25 |
SAIL | 119.00 |
Jindal Stainless | 730.55 |
Jindal Saw | 302.95 |
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