Last checked at 9 Oct 2015 15:19
Tata Steel's Q2 & H1 FY16 Key Production & Sales Figure
Jamshedpur, Oct 9, 2015: Tata Steel Limited registered Hot Metal production of 2.66 million tonnes in Q2 (up by 3% y-o-y) and 5.25 million tonnes in H1 (up by 3% y-o-y). Crude steel production was 2.51 million tonnes in Q2 (up by 11% y-o-y) and 4.85 million tonnes in H1 (up by 5% y-o-y). Saleable Steel production increased by 9% y-o-y in Q2 (to 2.41 million tonnes) and by 4% y-o-y in H1 (to 4.64 million tons). Deliveries were 2.33 million tonnes in Q2 (up by 11% y-o-y) and 4.48 million tonnes in H1 (up by 6% y-o-y).
The key production and sales figures are given below:
Figures in '000 tonnes
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 |
Major Highlights
· Sinter Plant has achieved best ever Q2 production of 1.97 million tonnes (Previous best 1.94 million tonnes in Q2 FY'14)
· Pellet Plant has achieved best ever H1 production of 2.84 million tonnes (Previous best 2.81 million tonnes in H1 FY'15).
· Blast Furnaces has achieved lowest best ever coke rate of 391 Kg/thm in H1 (Previous best 450 Kg/thm in H1 FY'10) and highest best ever coal rate of 162 Kg/thm in H1 (Previous best 129 Kg/thm in H1 FY'14).
· Steel Melting Shops has achieved best ever Q2 production of 2.51 million tonnes (Previous best 2.27 million tonnes in Q2 FY'15) and best ever H1 production at 4.86 million tonnes (Previous best 4.60 million tonnes in H1 FY'15).
· Merchant Mill has achieved best ever Q2 production of 0.116 million tonnes (Previous best 0.106 million tonnes in Q2 FY'15) and best ever H1 production at 0.226 million tonnes (Previous best 0.213 million tonnes in H1 FY'15).
· Hot Strip Mill has achieved its best ever Q2 production of 0.968 million tonnes (Previous best 0.929 million tonnes in Q2 FY'15).
· Best-ever Automotive sales of 0.366 million tonnes in Q2 (Previous best 0.341 million tonnes in Q2 FY'15) and best ever H1 sales of 0.702 million tonnes (Previous best 0.669 million tonnes in H1 FY'15).
· Best-ever LPG Segment sales of 0.073 million tonnes in Q2 (Previous best 0.037 million tonnes in Q2 FY'15) and best ever H1 sales of 0.135 million tonnes (Previous best 0.064 million tonnes in H1 FY'15).
· Best-ever Tata Tiscon sales of 0.321 million tonnes in Q2 (Previous best 0.295 million tonnes in Q2 FY'13) and best ever H1 sales of 0.638 million tonnes (Previous best 0.613 million tonnes in H1 FY'15).
Other Highlights
· Tata Steel has won the "Special Recognition Award" in the Manufacturing sector in India on 23rd April, which is an outcome of Randstand Award survey results, conducted to measure the most attractive employer from over 150 leading organizations in India across Industry sectors.
· Tata Steel has been awarded with the 'Top Indian Company in the Iron and Steel Sector' in the 15th edition of 'Dun & Bradstreet (D&B) Corporate Awards 2015' held in Mumbai on 13th May 2015.
· 'West Bokaro Collieries' has been declared as the Winner of 'Golden Peacock Environment Management Award' for the year 2015.
About Tata Steel
Established in 1907 as Asia's first integrated private sector steel company, Tata Steel Group is among the top global steel companies with an annual crude steel capacity of nearly 30 million tonnes per annum (MnTPA). It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 22.32 billion in FY 15, has over 80,000 employees across five continents.
Disclaimer
Statements in this press release describing the Company's performance may be "forward looking statements" within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company's operations include, among others, economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/or other incidental factors.
Chief, Corporate Communications, India & SEA
Tata Steel