Tata Steel India Achieves Best-Ever 3Q Deliveries

Key Points:

• Tata Steel India achieves 8% YoY growth in 3QFY25 deliveries.
• New blast furnace at Kalinganagar boosts production volumes.
• Tata Steel Netherlands sees 16% YoY delivery growth for 9MFY25.

MUMBAI – Tata Steel has released provisional production and delivery figures for 3QFY25, showcasing robust growth across multiple operations. India’s crude steel production hit 5.68 million tons, an 8% QoQ and 6% YoY rise, supported by the commissioning of the new 5 MTPA blast furnace at Kalinganagar in September.

Tata Steel India’s Performance Highlights

Tata Steel India delivered its best-ever 3Q sales at 5.29 million tons, reflecting an 8% YoY and 4% QoQ growth. This milestone was driven by strong domestic demand and strategic export initiatives. For the 9-month period (9MFY25), deliveries grew 4% YoY to 15.34 million tons, supported by key verticals:

• Automotive & Special Products: Deliveries grew to ~2.3 million tons, driven by high-end product growth of 3% YoY.
• Branded Products & Retail: Deliveries reached ~5.1 million tons, up 6% YoY, with Tata Tiscon and Tata Steelium leading the growth.
• Industrial Products & Projects: Deliveries stood at ~5.3 million tons, with double-digit growth in engineering and ready-to-use solutions.
• E-Commerce Success: Revenues from Tata Steel Aashiyana rose 37% YoY to ₹2,154 crores, bolstered by strategic customer-centric initiatives.

Strong Global Operations Performance

Tata Steel Netherlands recorded liquid steel production of 1.76 million tons in 3QFY25, with deliveries of 1.53 million tons. Delivery volumes for 9MFY25 increased 16% YoY due to improved production capabilities. Meanwhile, Tata Steel UK successfully transitioned its operations by focusing on downstream processing after closing its blast furnaces in 2QFY25, recording 1.87 million tons in 9MFY25 deliveries.

Expanding Capabilities at Kalinganagar

The new blast furnace at Kalinganagar is operating at ~8,000 tons per day and is on track to ramp up to full capacity. December also marked the commissioning of the Continuous Annealing Line (CAL) at the 2.2 MTPA CRM complex in Kalinganagar, with approvals secured from major OEMs.

Future Prospects and Strategic Gains

Tata Steel’s focus on value-accretive segments, along with significant e-commerce growth through Tata Steel Aashiyana, positions it for sustained growth in the coming quarters. The strategic enhancements in India and global operations underscore the company’s resilience amid market challenges.