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09 Jul
13:06

Automotive boosts Tata Steel June-quarter sales growth

Tata Steel’s Indian operation increased sales 8% on-year in the first fiscal quarter through June to 2.97 million tonnes, boosted by a quarterly record 557,000t of Automotive & Special Products sales. Production also rose 8% to 3.17mt due to better plant availability at Kalinganagar. Tata Steel Europe, meanwhile, saw 1% sales growth to 2.43mt in spite of the uncertainty surrounding Section 232 in the US. Tata Steel’s Southeast Asia division re…
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