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Tata Steel Q3 steel sales up by 10.3% to 2.35 MT

TATASTEEL

Tata Steel Limited registered Hot Metal steel production of 2.69 million tonnes, up by 13.1% on year, and Crude Steel output of 2.55 million tonnes, up by 11.3% on year, for the third quarter of the financial year.

Saleable Steel production was higher by 13.1% y-o-y to 2.51 million tonnes, and sales increased by 10.3% year on year to 2.35 million tonnes in Q3 FY’16, the company said.

The quarter saw several production records, including the best ever pellet production of 1.43 million tonnes. The previous best 1.03 million tonnes in Q3 FY’15.

Other highlights included the best-ever Q3 Tata Tiscon sales at 0.31 million tonnes. The record was 0.29 million tonnes in Q3 FY’15.

Sinter Plant has achieved best ever Q3 production of 2.05 million tonnes compared to the previous record of 1.91 million tonnes in Q3 FY’14.

Blast Furnaces also achieved lowest best ever coke rate of 372 Kg/thm in Q3 and highest best ever coal rate of 172 Kg/thm in Q3 (Previous best 130 Kg/thm in Q3 FY’14).

Steel Melting Shops saw their best ever Q3 production of 2.55 million tonnes. Previous best was 2.29 million tonnes in Q3 FY’15).

Hot Strip Mill achieved its best ever Q3 production of 1.01 million tonnes compared to the existing record of 0.99 million tonnes in Q3 FY’13.

New Bar Mill witnessed its highest ever Q3 production of 0.25 million tonnes. Earlier record was 0.23 million tonnes in Q3 FY’15.

Best-ever Q3 Tata Astrum sales of 0.26 million tonnes.
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