Tata Steel Reports Strong Domestic Deliveries and Growth in High-End Products for 1QFY26

Reuters
09 Jul
<a href="https://laohu8.com/S/TATLY">Tata Steel</a> Reports Strong Domestic Deliveries and Growth in High-End Products for 1QFY26

Tata Steel Ltd. has announced its business update for the first quarter of FY26, showcasing notable variations in production and deliveries across its operations. In India, Tata Steel reported crude steel production of 5.26 million tons with deliveries amounting to 4.75 million tons. The company faced a decline in finished goods production due to maintenance shutdowns at Jamshedpur and Neelachal Ispat Nigam Limited (NINL), impacting deliveries. Operations have since resumed at NINL, and the reline of the G Blast Furnace is expected to be completed by July 2025. The 'Automotive & Special Products' vertical achieved deliveries of approximately 0.77 million tons, driven by a 4% year-on-year growth in high-end products. Tata Steel has secured grade approvals for ultra-high strength steel, enhancing its capability to meet advanced mobility applications. The 'Branded Products & Retail' vertical recorded deliveries of 1.46 million tons, with Tata Tiscon contributing 0.48 million tons and Tata Astrum & Tata Steelium together accounting for around 0.81 million tons. In the 'Industrial Products & Projects' vertical, deliveries reached 1.6 million tons, bolstered by value accretive segments such as Engineering and Ready-to-use solutions, which saw a 5% YoY growth. The company successfully launched India's first corrosion-resistant air-cooled bars for coastal regions. Additionally, Tata Steel's e-commerce platforms, Tata Steel Aashiyana and DigECA, reported a Gross Merchandise Value of Rs 1,350 crores, marking a 39% YoY increase. Internationally, Tata Steel Netherlands reported liquid steel production of 1.7 million tons with deliveries of 1.5 million tons, showing slight improvements on a YoY basis. Meanwhile, Tata Steel UK achieved deliveries of 0.6 million tons, with ongoing progress on its Electric Arc Furnace project at Port Talbot.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tata Steel Ltd. published the original content used to generate this news brief on July 08, 2025, and is solely responsible for the information contained therein.

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