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13 Apr
15:57

Tata Steel Europe sales slump in March quarter

Tata Steel Europe saw sales fall -13% on-year in the March quarter to 2.48 million tonnes, although shipments in the fiscal year through March 2018 were flat at 9.93mt. Annual production was up 1% to 10.56mt. Tata Steel’s Southeast Asia operations saw March-quarter sales fall -6% to 620,000t and annual sales drop -4% to 2.51mt. Tata Steel in India achieved record annual steel sales of 12.13mt in the fiscal year through March 2018, a rise of 11% on-year …
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