Tata Steel completed the first quarter of financial year 2005-06 on a buoyant note with significant increase in its liquid iron and crude steel production.The liquid iron, commonly known as hot metal, recorded at 1.21 million tonne, which is 6.5% higher as compared to volumes in the first quarter last year, according to a release issued by Tata Steel today.The crude steel production was recorded at 1.11 mt which registerd an impressive increase of 5.3%, the release said.The gains are noteworthy considering the fact that company's largest furnace, the revamped 'G' furnace, was commissioned in April and reached the rated capacity in the second half of May, the release said, adding that with the increased ironmaking capacity, the company's dependence on purchased metallics has gone down substantially.
