TATA Steel sales in Q1 dips by 11pct QoQ
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Saturday, 14 Jul 2012
TATA Steel announced the key production and sales figures for April to June quarter as under
| Item | Q1'11-12 | Q4'11-12 | Q1’12-13 | YoY | QoQ |
| Hot Metal | 1.94 | 1.96 | 2.05 | 5.7% | 4.6% |
| Crude Steel | 1.79 | 1.82 | 1.82 | 1.7% | 0.0% |
| Saleable Steel | 1.75 | 1.78 | 1.74 | -0.6% | -2.2% |
| Sales | 1.59 | 1.79 | 1.59 | 0.0% | -11.2% |
In million tonnes
Major Highlights - Q1 FY’13
Best ever Hot Metal production of 2.05 million tonnes in a quarter (Previous best 1.96 million tonnes in Q4 FY’12).
Sales were marginally lower QoQ on account of power outages which impacted downstream production.
Performance of recently commissioned plants (I Blast Furnace, LD#3 & TSCR) was satisfactory.
Source - TATA Steel
(www.steelguru.com)
