Indian Primary Mills Saleable Steel Sales Comparison (FY’22 vs FY’21)

Tata Steel reported a 16% q-o-q growth in sales. Sales volumes touched 5.12 mnt in Q4FY22 compared to 4.42 mnt in Q3FY22. Total sales in FY22 rose 6% to 18.27 mnt against 17.30 mnt in FY21. Y-o-y, Q4 sales were up 10% compared to 4.67 mnt in Q4FY21.

JSW Steel saleable steel sales were at 5.1 mnt, up 28% q-o-q compared to 4 mnt in the previous quarter. Total sales in FY22 rose 11% to 16.51 mnt against 14.88 mnt in FY21 while, y-o-y, Q4 sales were up 26% compared to 4.06 mnt in Q4FY21.