Tata Steel sales up 19% on year in June

Tata Steel sales up 19% on year in June
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First Published: Tue, Jul 07 2009. 02 17 PM IST
Updated: Tue, Jul 07 2009. 02 17 PM IST
Mumbai: Tata Steel Ltd, the world’s sixth-largest steel maker, said on Tuesday that June steel sales from its Indian operations rose 19% from a year earlier to 497,000 tonnes.
The Indian operations account for about a quarter of the group’s total annual global capacity of 30 million tonnes, which includes its Anglo-Dutch unit Corus.
Sales of long products, used in construction, jumped 30% in June from a year earlier, while flat products, used in automobiles and consumer durables industries, grew 12%, the company said in statement.
For the April-June quarter, sales from Indian operations rose 22% from a year earlier to 1.42 million tonnes, the company said.
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First Published: Tue, Jul 07 2009. 02 17 PM IST
More Topics: Tata | Steel | Production | Corus | Sales |