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This is an archive article published on September 7, 2009

Tata Steel sales jump 25% in August

Tata Steel Ltd,said August steel sales at its Indian ops rose 25 percent from a yr earlier.

Tata Steel Ltd,the world’s No. 8 steelmaker by output,said on Monday August steel sales at its Indian operations rose 25 percent from a year earlier to 492,000 tonnes.

The local operations contribute about a quarter of the group’s total annual global capacity of 30 million tonnes,which includes Corus,Europe’s second-largest steelmaker.

The strong performance came on the back of an 81 percent jump in sales of long products,used in construction,from a year earlier.

Saleable steel production in August rose by 14 percent from a year earlier to 526,000 tonnes,the company said in a statement.

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