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06 Jun
14:38

Tata Steel’s Netherlands shipments rebound following BF reline

Tata Steel’s Netherlands operations reduced shipments 3% on-year in the March quarter to 1.43 million tonnes. However, this was up 10% on-quarter as blast furnace no.6 ramped up following its reline completed in early February, Kallanish notes. Liquid steel output was also down 3% on-year but surged 24% versus the December quarter to 1.48mt. Revenue fell 10% on-year but rose 8% on-quarter to INR 13,908 crores ($1.67 billion), while Ebitda came in at negativ…
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