Tata Steel, a leading steel producer of India has witnessed a decline in its production by 7% y-o-y due to the pandemic-driven disruption. The output aggregated to 16.92 mn t in FY ’21 compared with 18.20 mn t in the last fiscal. SteelMint learned from the recent press release in the BSE filing. On the other hand, the same went up by 3% in Q4 FY ’21 to 4.75 mn t highest ever quarter production as against 4.60 mn t in the previous quarter.
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