Tata Steel sales down 14 percent
By
IANS
Raipur: The country's largest steel maker Tata Steel Tuesday reported a 14 percent fall in sales in the October-December quarter over the corresponding period in 2007.
According to an official statement, the company's total sales during the period stood at 1.07 million tonnes. The fall was attributed to the impact of the global meltdown.
However, the steel major registered a 27 percent growth in the long product sales in the third quarter at 480,000 tonnes.
The hot metal and crude steel production also went up during the quarter.
"The hot metal production at 1.7 million tonnes and crude steel production at 1.5 million tonnes were higher by 23 percent and 17 percent respectively," the statement added.
According to an official statement, the company's total sales during the period stood at 1.07 million tonnes. The fall was attributed to the impact of the global meltdown.
However, the steel major registered a 27 percent growth in the long product sales in the third quarter at 480,000 tonnes.
The hot metal and crude steel production also went up during the quarter.
"The hot metal production at 1.7 million tonnes and crude steel production at 1.5 million tonnes were higher by 23 percent and 17 percent respectively," the statement added.
- India loses six lakh jobs in four months
- 80 Stocks in BSE tremble, due to 'Tech snag'
- Air India backtracks, won't pay salaries on July 3
- India's 'dream budget' is unlikely to materialise
- Australian coroners fake info on Indian deaths
- Banks should alert customers after transaction: RBI
- Venkatramani to head Cognizant's India operations
- NASSCOM urges to restructure education loan
- 58 Million job generation in India expected till 2012
- Industrial recovery underway: Economic Survey
- Nilekani quits Infy, moves to Cabinet
- American tech grads are unemployable: HCL CEO
- India reply to Obama's 'No Bangalore' policy
- India opens the gates of its first sea bridge
- HCL outbids IBM, grabs U.S. firm's deal
- Obama gets tougher; firms look to move out of U.S.
- 'Missile Woman of India' to lead Agni V project
- Five Indian banks among world's top 1000
- Bangalore most difficult city for startups
- U.S. companies move work onshore




