India’s third largest steelmaker, Tata Steel’s sales in Q3 FY16 have increased by 10% from 2.13 MnT to 2.35 MnT against Q3 FY15. In addition, the company’s total sales in 1st three quarters of FY16 have increased by 8% to 6.83 MnT from 6.35 MnT in the same period of FY15.
Along with sales, Tata Steel’s crude steel production rose by 11% to 2.55 MnT in Q3 FY16 compared to 2.29 MnT in the same quarter of FY15.
Comparative Analysis of Tata Steel’s performance in FY15 vs FY16
| Products | Dec’15 | Dec’14 | % Change | Apr-Dec’15 | Apr-Dec’14 | % Change |
| Saleable Steel | 2.51 | 2.22 | 13% | 7.15 | 6.68 | 7% |
| Hot Metal Production | 2.69 | 2.38 | 13% | 7.94 | 7.49 | 6% |
| Pellet Plant Production | 1.43 | 1.03 | 39% | – | – | – |
| Sinter Plant Production | 2.05 | 1.91 | 7% | – | – | – |
Quantity in MnT
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