Tata Steel India October sales up 38%

Tata Steel Ltd, the world's No. 8 steelmaker by output, said on Friday steel sales at its Indian operations rose 38% in October from a year earlier to 462,000 tonnes.                                           

The Indian 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.                                           

Saleable steel production in October rose by 27% from a year earlier to 570,000 tonnes and crude steel production gained 22% to 599,000 tonnes, the company said.