Tata Steel update on Q1FY2020 production and sales volumes

Tata Steel announced that crude steel production for Tata Steel India (which includes Tata Steel standalone and Tata Steel BSL) stood at 4.37 million tons for Q1FY2020 (Provisional) compared to 3.64 million tons in Q1FY2019 (Actual). Sales stood at 3.87 million tons for Q1FY2020 (Provisional) compared to 3.34 million tons in Q1FY2019 (Actual).

The liquid steel production for Tata Steel Europe stood at 2.66 million tons for Q1FY2020 (Provisional) compared to 2.81 million tons in Q1FY2019 (Actual). Sales stood at 2.27 million tons for Q1FY2020 (Provisional) compared to 2.45 million tons in Q1FY2019 (Actual).

The saleable steel production for Tata Steel South East Asia stood at 0.58 million tons for Q1FY2020 (Provisional) compared to 0.52 million tons in Q1FY2019 (Actual). Sales stood at 0.61 million tons for Q1FY2020 (Provisional) compared to 0.60 million tons in Q1FY2019 (Actual).

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