Tag: India: Tata Steel reports best-ever sales in Q2FY’23 while production edges lower
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India: Tata Steel reports best-ever sales in Q2FY’23 while production edges lower
Steel major Tata Steel has posted its best-ever sales during the quarter despite geopolitical issues and seasonal factors which led to a volatile operating environment, while apparent steel consumption was largely stable q-o-q in Q2. Demand from automotive sector recovered, while infrastructure and capital goods were impacted due to seasonal disruptions, SteelMint learnt at the…