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Tata Steel’s Q4 & consolidated FY17 Key Production and Sales Figure (Provisional)

Jamshedpur, April 01, 2017

Production and Sales Performance:  Tata Steel India

Figures  (provisional) in ‘000 tonnes


Items

Q4

Q3

Q4

April-March

FY16

FY17

FY17

FY16

FY17

Hot    Metal

2,714

3,407

3,519

10,655

13,059

Crude    Steel

2,560

3,150

3,210

9,960

11,689

Saleable    Steel

2,546

3,162

3,108

9,698

11,341

Sales

2,719

2,994

3,177

9,544

10,942

Key Highlights:  

Tata  Steel Jamshedpur Plant

       
  • Blast Furnaces achieved best-ever Hot Metal FY17 production of  10.83 million tonnes (Previous best 10.66 million tonnes in FY16)
  •    
  • Blast Furnaces achieved lowest best-ever coke rate of 360 Kg/thm  in FY17 (Previous best 380 Kg/thm in FY16),   highest best-ever coal rate of 181 Kg/thm in FY17 (Previous best 168  Kg/thm in  FY16), &  best-ever fuel rate of 542 Kg/thm in FY17  (Previous best 548 Kg/thm in  FY16)
  •    
  • Sinter Plant achieved best-ever 8.1 million  tonnes of Net Sinter production in FY17 (Previous best 7.86 million tonnes in  FY16)
  •    
  • Cold Rolling Mill achieved best-ever 1.834 million tonnes production  in FY17 (Previous best 1.831 million tonnes in  FY15)
  •    
  • New Bar Mill achieved best-ever 1.03 million  tonnes production in FY17  (Previous best  0.95  million tonnes in  FY16)


Tata  Steel Kalinganagar Plant

       
  • Coke Plant achieved 1.5 million tonnes of Gross Coke production in  FY17 
  •    
  • Blast Furnace achieved 2 million tonnes of Hot Metal production in  FY17
  •    
  • Steel Melting Shop achieved 1.5 million tonnes of crude steel  production in FY17
  •    
  • Hot Strip Mill achieved 1.5 million tonnes production of HR coils  in FY17


Sales  Highlights

       
  • In FY17, Steel Marketing & Sales achieved its highest-ever  annual sales volume of 10.94 million tonnes, up by 15% over FY16 sales of 9.54  million tonnes.
  •    
  • Achieved highest-ever annual Automotive sales at 1.54 million  tonnes, a growth of 9% Year-on-Year  (YoY) against industry growth of ~6%, taking our market share from 42%  in FY16 to 44% in FY17.
  •    
  • Exports sales grew to 7% of total volume in FY17 as against 2% of total  volume in FY16.
  •    
  • Best-ever branded B2C sales of ~1.6 million tonnes in FY17 as  against 1.56 million tonnes in FY16.
  •    
  • Achieved a market share of 47% (1 out of every 2 cylinders is made  from our steel) in the LPG segment.
  •    
  • System Revenue from Services & Solutions business for steel  division registered a growth of 16% YoY in FY17.


Awards  & Recognitions 

       
  • Won the ‘Ispat Suraksha Puraskar - 2017’ for Zero Fatal Accident  in Jamshedpur Works in 2016 by Joint Committee on Safety, Health &  Environment in Steel Industry (JCSSI), a national level apex bipartite forum of  management & trade union representatives from public and private sector  steel companies.
  •    
  • Received an award for ‘Outstanding Company in Steel’ at the 6th  EPC World Awards.
  •    
  • Received ‘Performance Excellence Award 2016 (Platinum Category)’  at the 21st CEOs Conference organised by Indian Institution of Industrial  Engineering (IIIE).
  •    
  • Won the ‘Best in Quality’ award at the 9th Annual Franchise India  and Magpie Estate Awards.
  •    
  • Received the ‘Overall Excellence Award’ from Maruti Suzuki and ‘Overall  Performance Award’ from Tata Motors.
  •    
  • Certified  as a 'Great Place To Work' by  Great Place To Work Institute - India.
  •    
  • Conferred the ‘Best Companies to Work  for’ 2016 award in the core sector by Business Today.
  •    
  • Recognized as the World’s Most Ethical Company for the  year 2017 by Ethisphere Institute for the fifth time.
  •    
  • Received an award for ‘Best Risk Management Practice’ in the  category of Metals & Mining at the 3rd India Risk Management Awards 2017.


About Tata  Steel


Tata Steel Group stands  among the top global steel companies with an annual crude steel capacity  of 28 million tonnes per annum (MnTPA) and a turnover of US  $17.69 billion in FY16. It is the world's second-most  geographically-diversified steel producer, with operations in 26 countries and  commercial presence in over 50 countries. Established in 1907, the Group’s  vision is to be the world steel industry benchmark in “Value Creation” and  “Corporate Citizenship” through the excellence of its people, approach and  overall conduct. Underpinning this vision is a performance culture committed to  aspiration targets, safety and social responsibility, continuous improvement,  openness and transparency. Having bagged the Deming Application Prize and  Deming Grand Prize for continuous improvement in 2008 and 2012 respectively,  Tata Steel has now been recognised as the global ‘Industry Leader’ in  ‘Steel category’ by Dow Jones Sustainability Index. Besides being one of  ‘worldsteel’s’ Climate Action members, it has also been awarded the CII ITC  Sustainability Prize, the ‘Best-in-class Manufacturing’ by TIME Award, the  Prime Minister’s Trophy for the best performing integrated steel plant, among several  others.



Disclaimer


Statements in this press release describing  the Company’s performance may be “forward looking statements” within the  meaning of applicable securities laws and regulations. Actual results may  differ materially from those directly or indirectly expressed, inferred or  implied. Important factors that could make a difference to the Company’s  operations include, among others, economic conditions affecting demand/ supply  and price conditions in the domestic and overseas markets in which the Company  operates, changes in or due to the environment, Government regulations, laws,  statutes, judicial pronouncements and/ or other incidental factors.

Kulvin Suri

Chief, Corporate Communications,  India & SEA
Tata Steel
Tel: +91 657 664 5512/ +91 92310  52397
E-mail: kulvinsuri@tatasteel.com