The Hindu : Business : Tata Steel follows suit

Online edition of India's National Newspaper
Saturday, Apr 02, 2005

Business

Business

Tata Steel follows suit

By Our Staff Correspondent

MUMBAI, APRIL 1. Tata Steel has surpassed all previous bests in 2004-05 and in the process established new records. During the year, the company produced 4.11 million tonnes of salable steel, an all time record. The figure is half a percentage point higher than that of last year but is significant considering the fact that the company's largest blast furnace was down for capacity enhancement for four months from December last.

The initiative to enrich the product mix saw the supplies of hot rolled, cold rolled and galvanised sheet products to the automobile industry jump by 19 per cent over the previous year. The sales performance was supported by the 1.2 million tonne cold rolling mill, churning out a record volume of 1.44 million tonnes. The sale of branded products, Tata Shaktee (corrugated galvanised sheets), Tiscon (rebars) and Tata Steelium (cold rolled sheets) saw significant increase.

The clean coal and iron ore production this year reached 3.27 million tonnes and 10.47 million tonnes respectively. The company recorded the best annual production in all profit centres namely Ferro Alloys and Mineral Division (FAMD), tubes division, rings and Agrico division, bearing division, Tata Growth shop and Wire division.

Printer friendly page
Send this article to Friends by E-Mail

Business