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06 Jul
10:34

Tata’s TSLP June-quarter steel output surges, DRI down

Tata Steel subsidiary Tata Steel Long Product (TSLP)’s crude steel production grew 11% on-year to 191,000 tonnes in the fiscal quarter ended 30 June 2022. This was also up 15% on-quarter against 166,000t for the March quarter. TSLP’s direct reduced iron production fell marginally to 234,000t in the June quarter, against 243,000t produced a year earlier. Saleable steel deliveries grew by 7% on-year to 174,000t but merchant DRI sales plunged 13% to 156,…
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