Crude steel production volume declined 5.0% YoY to 4.02mt (+4.7% QoQ) as operations at Dolvi and Vijayanagar plants were impacted by the extended monsoons. Nonetheless, sales volume grew 11.0% YoY to 4.03mt (+13.2% QoQ) driven by significant improvement in domestic sales (+25.0% QoQ) which was led by Retail sales (+33.0% QoQ), OEM sales (+21.0% QoQ) and Automotive sales (+10.0% QoQ), partially offset by weaker exports (-13.0% QoQ). Following the prolonged inventory adjustment (destocking) in H1FY20, the company was able to liquidate a large portion of the...