Indian steelmaker Tata Steel has announced its sales results for the first quarter ended June 30 of the financial year 2013-14. The total domestic sales of Tata Steel for the first quarter increased by 26 percent to 2.01 million mt, compared to the same quarter of the previous financial year.
Tata Steel's crude steel output for the first quarter amounted to 2.22 million mt, increasing by 22 percent year on year. The company's liquid pig iron output in the quarter in question was 2.46 million mt, up 20 percent compared to the same quarter of the previous financial year, reaching a new quarterly record.
In the given quarter, Tata Steel's cold rolling mill, new bar mill and merchant bar mill produced 416,000 mt, 221,000 mt and 107,000 mt respectively, all achieving their highest quarterly production.
