Tata Steel India reports highest ever annual deliveries despite COVID-19 driven disruption
Posted On: 2021-04-06 05:14:23 (Time Zone: Arizona, USA)
Tata Steel India achieved highest ever quarterly crude steel production of 4.75 mn tons with a 3%QoQ growth in 4QFY21. Full year FY21 production was lower by 7%YoY primarily due to the disruption caused by COVID-19 pandemic in 1HFY21.
Tata Steel India delivery volume increased by 16%YoY to 4.67 mn tons in 4QFY21; domestic deliveries increased 22%YoY to 4.17 mn tons on the back of company s robust marketing network and improved market conditions. Exports were at 11% of overall deliveries. Tata Steel India achieved highest ever annual delivery volume of 17.30 mn tons in FY21, despite the COVID-19 pandemic induced disruption in 1HFY21.
Moody s revises Tata Steel outlook to stable from negative thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Environmental clearances for Kadapa Steel Plant
Updated:
Updated:
Share Article
AAA
The Union government on Tuesday gave necessary environmental clearances to the Kadapa Steel Plant in the State.
The Union Forest and Climate Change Ministry has given the clearance to the project. The State government sought permission in a proposal dated December 20, 2020. Revised proposals were sent on January 29, 2021. The government enclosed the environmental impact assessment copy with the proposal.
The government conducted EAC meetings on December 30 and 31, and again February 10 and 11 in the villages.
The steel plant will be constructed at Sunnapurallapalle and Pedda Nandaluru villages in YSR Kadapa district.
(1)
The carbon steel market is poised to grow by 699.35 MT during 2020-2024 progressing at a CAGR of almost 8% during the forecast period.
Worried about the impact of COVID-19 on your Business? Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210118005492/en/
Technavio has announced its latest market research report titled Global Carbon Steel Market 2020-2024 (Graphic: Business Wire)
Get FREE Sample Report in Minutes!
The report on the carbon steel market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.