India Steel Market Watch
October 12: Tata Steel Limited’s saleable steel production increased by 9% y-o-y in Q2 (to 2.41 million tons) and by 4% y-o-y in H1 (to 4.64 million tons), the company said in a statement.
Deliveries were 2.33 million tons in Q2 (up by 11% y-o-y) and 4.48 million tons in H1 (up by 6% y-o-y).
The company recorded hot metal production of 2.66 million tons in Q2 (up by 3% y-o-y) and 5.25 million tons in H1 (up by 3% y-o-y).
Crude steel production was 2.51 million tons in Q2 (up by 11% y-o-y) and 4.85 million tons in H1 (up by 5% y-o-y).
The key production and sales figures are given below:
Figures in ‘000 tons
Items |
Quarterly |
Half-yearly |
|||
Q2 FY’15 |
Q1 FY’16 |
Q2 FY’16 |
H1 FY’15 |
H1 FY’16 |
|
Hot Metal |
2,582 |
2,588 |
2,664 |
5,110 |
5,252 |
Crude Steel |
2,269 |
2,345 |
2,509 |
4,603 |
4,854 |
Saleable Steel |
2,213 |
2,229 |
2,411 |
4,463 |
4,640 |
Sales |
2,110 |
2,143 |
2,333 |
4,213 |
4,476 |
The sinter plant has achieved the best-ever Q2 production of 1.97 million tons (previous best 1.94 million tons in Q2 FY14)
The pellet plant has achieved best-ever H1 production of 2.84 million tons (previous best 2.81 million tons in H1 FY15).
The blast furnace has achieved the lowest best-ever coke rate of 391 Kg/thm in H1 (previous best 450 Kg/thm in H1 FY10) and the highest best-ever coal rate of 162 Kg/thm in H1 (previous best 129 Kg/thm in H1 FY14).
Steel melting shops achieved the best-ever Q2 production of 2.51 million tons (previous best 2.27 million tons in Q2 FY15) and best-ever H1 production at 4.86 million tons (previous best 4.60 million tons in H1 FY15).
The merchant mill achieved the best-ever Q2 production of 0.116 million tons (previous best 0.106 million tons in Q2 FY15) and best-ever H1 production at 0.226 million tons (previous best 0.213 million tons in H1 FY15).
The hot strip mill achieved its best-ever Q2 production of 0.968 million tons (previous best 0.929 million tons in Q2 FY15).
Best-ever automotive sales of 0.366 million tons in Q2 (previous best 0.341 million tons in Q2 FY’15) and best ever H1 sales of 0.702 million tons (previous best 0.669 million tons in H1 FY’15).
Best-ever LPG segment sales of 0.073 million tons in Q2 (previous best 0.037 million tons in Q2 FY15) and best-ever H1 sales of 0.135 million tons (previous best 0.064 million tons in H1 FY15).
Best-ever Tata Tiscon sales of 0.321 million tons in Q2 (previous best 0.295 million tons in Q2 FY13) and best ever H1 sales of 0.638 million tons (previous best 0.613 million tons in H1 FY15).