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Tata Steel sales up 31% in April

Tata Steel, on Thursday said its sales volume surged by 31 per cent to 4.52 lakh tonnes in April on the back of robust demand from auto and construction sectors.

In the corresponding month last year, the company's sales stood at 3.43 lakh tonnes, a statement from Tata Steel said. During the month under review, Tata Steel saw its saleable steel production surging by 30 per cent to 5.16 lakh tonnes as against 3.96 lakh tonnes.

The sale of long products, mainly used in construction industry, increased by 39 per cent, while that of flat items used by auto and consumer durable sectors, increased by 27 per cent. The steel major's crude steel output for the month also went up by 22 per cent to 5.03 lakh tonnes from 4.12 lakh tonnes, while hot metal production rose by 30 per cent to 5.79 lakh tonnes as against 4.45 lakh tonnes.

The company claimed that two of its steel melting shops at Jamshedpur works achieved best-ever April production at 2.02 lakh tonnes and 2.66 lakh tonnes, respectively. The output from merchant mill, hot strip mill and cold-rolling mill also registered an impressive growth over April 2008.

In financial year 2008-09, Tata Steel reported 14 per cent rise in hot metal production to 6.25 million tonnes. In the year-ago fiscal, the output stood at 5.50 million tonnes
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