Tata Steel grows 11.5 percent in Q1 FY'09 production

摘要

Tata Steel finishes Ql of FY09 on a buoyant note with a significant increase in its production with hot metal production at 1,387 mt and crude steel production at 1,253 mt at a high of 3.2 percent and 8.6 percent respectively and the saleable steel production at 1.187 mt registered an impressive growth of 11.5 percent. The Ql sales at 1.081 mt, has recorded an increase of 11 percent and the sales of branded products during the period has increased by 47 percent . The sales to automotive sector has increased to 0.216 mt corresponding to a market share of 42 percent as against a market share of 38 percent , the sales of skin panels for the current quarter at 7477 tonne was significantly higher as compared to 4248t. On 31st May'08, Asia's largest blast furnace, the H blast furnace was blown in, which can cast the hot metal into steel making shops within 36 hours of blowing. With the completion of this, the steel making capacity will increase to 6.8 mt.