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Tata Steel sales up 38% in October  

tatasteel

Tata Steel today said it witnessed 38 per rise in its sales to about 462,000 tonnes in October on the back of robust demand from the construction sector.

In the corresponding period last , the steel major’s sales stood at about 335,000 tonnes, the said in a statement here.

The added that in the reporting there was 89 per in the sales of long steel products over the same a ago. However, the quantum of products mainly used by the infrastructure and construction companies could not be ascertained immediately.

During the under review, the saw its crude steel output rising by 22 per to 599,000 tonnes.

Its saleable steel production increased by 27 per to about 570,000 tonnes last as against about 450,000 tonnes in October 2008.

The ’s hot metal production went up to about 649,000 tonnes as compared to 555,000 tonnes produced a ago, registering a growth of 17 per . Tata Steel added that it was the best ever hot metal production recorded.

The firm said it “completed October’09 with a significant in its hot metal, crude steel and saleable steel production over the corresponding of last .”

In addition to hot metal, the firm said its steel melting shops too recorded their best ever monthly production.

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