New Delhi: Tata Steel Its consolidated production declined to 7.08 million tonnes (MT) in the first quarter of FY24 on Thursday.
The company’s consolidated production during April-June of the last financial year was 7.67 MT, Tata Steel said in a statement.
However, consolidated deliveries increased by 7.97 per cent to 7.04 MT from 6.52 MT in the same period last fiscal.
in India, Tata Steel India produced 5.01 MT of steel as against 4.92 MT in the year-ago quarter. Deliveries in India increased to 4.80 MT from 4.07 MT a year ago.
Tata Steel Europe Its production fell to 1.81 MT in April-June FY23 from 2.44 MT. Deliveries in Europe fell to 1.97 MT from 2.14 MT in the year-ago quarter.
In Thailand, Tata Steel Thailand produced 0.26 MT, down from 0.31 MT in the first quarter of the previous fiscal. Deliveries in Thailand also declined to 0.27 MT from 0.31 in the year-ago quarter.
“Planned relining of BF6 Tata Steel Netherlands started in April and has led to a decline in crude steel production in Tata Steel Europe. Crude steel production stood at 1.81 MT while deliveries stood at 1.97 MT,” the company said.
The company’s consolidated production during April-June of the last financial year was 7.67 MT, Tata Steel said in a statement.
However, consolidated deliveries increased by 7.97 per cent to 7.04 MT from 6.52 MT in the same period last fiscal.
in India, Tata Steel India produced 5.01 MT of steel as against 4.92 MT in the year-ago quarter. Deliveries in India increased to 4.80 MT from 4.07 MT a year ago.
Tata Steel Europe Its production fell to 1.81 MT in April-June FY23 from 2.44 MT. Deliveries in Europe fell to 1.97 MT from 2.14 MT in the year-ago quarter.
In Thailand, Tata Steel Thailand produced 0.26 MT, down from 0.31 MT in the first quarter of the previous fiscal. Deliveries in Thailand also declined to 0.27 MT from 0.31 in the year-ago quarter.
“Planned relining of BF6 Tata Steel Netherlands started in April and has led to a decline in crude steel production in Tata Steel Europe. Crude steel production stood at 1.81 MT while deliveries stood at 1.97 MT,” the company said.