UPDATE 1-Tata Steel’s India sales jump 47 pct y/y in Feb

MUMBAI, March 6 (Reuters) – Tata Steel Ltd (TISC.BO), the world’s sixth-largest steel maker, on Friday reported steel sales of 584,000 tonnes in February from its Indian operations, up 47 percent from a year earlier.

The Indian operations account for about a quarter of the group’s total global capacity of 30 M tonnes.

The monthly numbers were boosted by a 65 percent jump in sales of long products and 37 percent rise in sales of flat products, the company said in a statement. (Reporting by Prashant Mehra; Editing by John Mair)

Source: http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSBOM5763120090306

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