Industry News

Tata Steel says profit jumps on 55% revenue rise

Views : 140
Update time : 2021-11-12 15:08:37
Tata Steel uk:ttsl reported a surge in fiscal second-quarter profit, as adjusted EBITDA more than tripled to 17,810 crore ($204 million), on a 55% increase in revenue to 60,283 crore. The operating profit missed expectations while revenue came in above estimates. The company said steel deliveries in India rose by 11% sequentially despite a contraction in market demand, and rising prices lifted its European operations.
Related News
Read More >>
South Africa launches critical minerals strategy, opens new mining law for public comment South Africa launches critical minerals strategy, opens new mining law for public comment
May .22.2025
South Africa launches critical minerals strategy, opens new mining law for public comment
China's iron ore production declines in Jan-Apr China's iron ore production declines in Jan-Apr
May .22.2025
China's iron ore production declines in Jan-Apr
US’ steel coil exports go up in Mar US’ steel coil exports go up in Mar
May .22.2025
US’ steel coil exports go up in Mar
US increases CRC imports in Mar US increases CRC imports in Mar
May .22.2025
US increases CRC imports in Mar