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Indian TML faces pressure on sales of pig iron in Q4 FY2020
Date: 25/06/2020

TATA Metaliks Ltd (TML), a major Indian pig iron manufacturer, recently released its quarterly performance report for the last fiscal year. In the fourth quarter of the 2020 fiscal year in India, the total sales of pig iron were around 80,000 tons, decreased by 8% quarter on quarter, but increased by 14% year on year. Moreover, due to the impact from the Covid-19 from the beginning of this year, the market demand was not resumed fully yet, which pressured the sales of pig iron of TML.

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