The Indian company Tata Steel announced sales of 4.82 million tonnes in the second quarter (July-September) of the fiscal year 2023-2024, a decrease of 2% year-on-year, according to a company statement on Monday, October 9.
The company said that sales in Thailand and Europe reached 1.79 million tonnes, down four per cent year-on-year.
Tata Steel’s production in India reached 4.99 million tonnes in the specified period, an increase of 4%. Production in Thailand and Europe reached 1.99 million tonnes and 0.28 million tonnes, a decrease of 17% and 7% annually, respectively.
In the first half (April-September), the company reported total sales of 9.62 million tonnes, an increase of 7% year-on-year.