Vedanta announced that its total saleable production increased by 11% YoY to 325,000 tonnes in July-September 2022 on account of completion of debottlenecking activities. Saleable production increased by 21% QoQ due to shut down of Blast Furnace 3 for debottlenecking activities in Q1 of FY23. Total saleable production in H1 of 2022-23 increased by 2% YoY to 594,000 tonnesFinished Production – 325,000 tonnes up 11% YoYPig Iron - 47,000 tonnes up 24% YoYBillets Produced - 235,000 tonnes up 7% YoYBillets Consumed - 227,000 tonnes up 42% YoYTMT Bar - 118,000 tonnes up 80% YoYWire Rod - 103,000 tonnes up 14% YoYDuctile Iron Pipes - 48,000 tonnes up 21% YoYKarnataka pig Iron production in Q2 was lower by 42% YoY and 36% QoQ at 121,000 tonnes due to shut down in the smaller blast furnaces. Pig Iron production was lower by 24% in H1 at 309,000 tonnes due to shutdown of blast furnacesChrome ore production was higher by 43% YoY in Q2 of 2022-23through operational efficiencies, however, down 76% QoQ due to monsoon while ferrochrome production was lower on account of planned maintenance shutdown of Furnace in Q2 of FY23. Ore production higher by 18% YoY in H1 driven by operational efficiencies while ferrochrome production was lower by 22% YoY in line with planned maintenance shutdown of Furnace in 2QFY23.Goa Iron Ore - There was no production in Q2 of 2022-23 as mining remained suspended pursuant to the Hon'ble Supreme Court judgment dated 7th February 2018.Karnataka Iron Ore - saleable ore production was lower by 17% YoY and 14% QoQ due to heavy rainfall which impacted Ore Handling.
Vedanta announced that its total saleable production increased by 11% YoY to 325,000 tonnes in July-September 2022 on account of completion of debottlenecking activities. Saleable production increased by 21% QoQ due to shut down of Blast Furnace 3 for debottlenecking activities in Q1 of FY23. Total saleable production in H1 of 2022-23 increased by 2% YoY to 594,000 tonnesFinished Production – 325,000 tonnes up 11% YoYPig Iron - 47,000 tonnes up 24% YoYBillets Produced - 235,000 tonnes up 7% YoYBillets Consumed - 227,000 tonnes up 42% YoYTMT Bar - 118,000 tonnes up 80% YoYWire Rod - 103,000 tonnes up 14% YoYDuctile Iron Pipes - 48,000 tonnes up 21% YoYKarnataka pig Iron production in Q2 was lower by 42% YoY and 36% QoQ at 121,000 tonnes due to shut down in the smaller blast furnaces. Pig Iron production was lower by 24% in H1 at 309,000 tonnes due to shutdown of blast furnacesChrome ore production was higher by 43% YoY in Q2 of 2022-23through operational efficiencies, however, down 76% QoQ due to monsoon while ferrochrome production was lower on account of planned maintenance shutdown of Furnace in Q2 of FY23. Ore production higher by 18% YoY in H1 driven by operational efficiencies while ferrochrome production was lower by 22% YoY in line with planned maintenance shutdown of Furnace in 2QFY23.Goa Iron Ore - There was no production in Q2 of 2022-23 as mining remained suspended pursuant to the Hon'ble Supreme Court judgment dated 7th February 2018.Karnataka Iron Ore - saleable ore production was lower by 17% YoY and 14% QoQ due to heavy rainfall which impacted Ore Handling.