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Tata Steel FY’21 crude steel output down, sales surge

ABSTRACT

Tata steel, in its Indian operations, has recorded a decline in crude steel output due to the disruption caused by the COVID-19 pandemic in 1H FY ’21. However, steel deliveries reported an increase in FY ’21.
Major highlights are given below- 1.Crude steel output fell by 7% in FY ’21-Crude steel output aggregated 16.93 mn t in FY ’21 as against 18.20 mn t in the preceding fiscal. This was primarily due to the disruption caused by the COVID-19 pandemic in H1 and a few maintenance shutdowns

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