Steel sales of 1.82 MT in Q3 FY22 were also constrained due to limited rake availability and unseasonal rains in several states. Exports accounted for 28% steel sales in December 2021 and 23% for the quarter.

The company reported steel production of 5.904 million in the last 9 months of this financial year, which is a 9% rise compared to last year for the same period.