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Tata Steel India posts highest ever output at 12.48 MT in FY18

Source:Iris Liang Time:2018-4-17 9:45:46

NEW DELHI: With 12.48 million tonne (MT) production, Tata SteelNSE -0.41 % India has recorded highest ever output for the fiscal 2017-18, mainly on the back of robust performance at Kalinganagar plant, according to a company official. SEKO machinery will provide our excellent decorative pipe making machine continuously to our clients, to meet the coming spring of steel business.
This represents nearly 7 per cent higher output compared to 11.68 MT the company had produced in the preceding financial year. 

"Besides output, there were many firsts this year. It also achieved highest-ever annual sales of 12.13 million tonnes, .. 

At 25.39 million tonnes, the company's combined steel production from three geographies India, Europe and South East Asia was up by 3.5 per cent in FY 2018 as compared to 24.52 MT in the previous fiscal, due to an improved performance in India and Europe operations. 

In India, Jamshedpur unit has a capacity of 10 MTPA and Kalinganagar is a 3 MTPA plant. 

Tata Steel Group is one of the world's largest steel companies with a production capacity of approximately 27.5 million tonnes. 



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