Tata Steel's April-June quarter output at 2.94 MT

Production of crude steel at Tata Steel's Jamshedpur and Kalinganagar plants rose by over 16 per cent to 2.94 million tonnes (MT) in the first quarter of the current fiscal.

The company's two major plants had produced 2.52 million tonnes of crude steel in the year-ago quarter, Tata Steel said in a statement.

The plants have produced 2.95 MT of saleable steel in April-June quarter as compared to 2.34 MT in the corresponding quarter of the last fiscal.

The figures for the first quarter of 2017-18 fiscal are provisional.

Tata Steel Group is among the top global steel companies with an annual crude capacity of 27.5 MTPA as on March 31, 2017. It is the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries.