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13 Sep
11:58

Tata Metaliks carries out Kharagpur blast furnace maintenance

Merchant pig iron and ductile iron (DI) pipe producer Tata Metaliks (TML) plans to restart on 16 September the second blast furnace at Kharagpur following planned maintenance. The unit was shut down on 12 September, Kallanish notes. TML’s revenue rose 7% on-year in the June quarter to INR 49,903 lakhs ($70.3 million), but net profit fell -36% to INR 1,962 lakhs. In the fiscal year through March 2019 the firm produced an annual record 518,000 tonnes of p…
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