India: Tata steel achieved the highest ever annual delivery in FY ’21

Tata Steel India achieved the highest ever annual delivery volume of 17.30 mn t in FY ’21, despite the COVID-19 pandemic induced disruption in 1H FY ’21. Last fiscal, the volumes stood at 16.97 mn t. Meanwhile on a quarterly basis, the same increased by 16% y-o-y basis to 4.67 mn t in Q4 FY ’21 against 4.03 mn t in Q4 FY ’20. The company’s robust marketing network and improved market conditions resulted in improved deliveries.