9% Rise in Tata Steel Sales
Tata Steel, the world's eighth-largest steel maker ascended by 9 percent in sales in January to 5.56 lakh tones. Last year’s sale of the company in January was 5.11 lakh tones.
The Major of the company told that there was increase of 8 percent in sales of flat steel products and 10 per cent in long steel products. Flat steel products are consumed by automobiles while other one is consumed by infrastructure firms.
Its crude steel rose by 14 percent and hot metal production rose 13 per cent in January to 5.96 lakh tones and 6.50 lakh tones, respectively, compared to the same period of last year.
The firm said “It completed January with an increase in its hot metal, crude steel and saleable steel production over the corresponding month last year.”
