UTC+8 ( BJT)

Tata Steel Limited records highest ever sales in FY '21

ABSTRACT

Tata Steel sales have hit a record high at 17.31 mn t in FY ’21 on the back of strong recovery in demand from end-users in H2. The volumes are up by 2% in comparison with 16.97 mn t in the previous fiscal, SteelMint learned from the recent press release in BSE filing. However, the same remained largely stable at 4.67 mn t in Q4 FY ’21 compared with 4.65 mn t in Q3.
Major key takeaways from the investors call held today are listed below: 1.Crude steel production declines marginally-The manufacturer crude steel output aggregated to 16.92 mn t in FY ’21, down by 7% as compared with 18.20 mn t a year ago. The reduced capacity utilizations in the H1 of the fiscal

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