Deliveries in India stood at 4.75 million tonne, down 3.8% year-on-year, due to maintenance shutdowns at its Jamshedpur and Neelachal Ispat Nigam Limited (NINL) facilities. Operations at Neelachal Ispat Nigam have resumed, and the G Blast Furnace reline at Jamshedpur is expected to conclude by July 2025.
The Automotive & Special Products vertical delivered 0.77 million tonne, with high-end products recording 4% growth year-on-year. The business also received grade approvals for ultra-high strength steel from its new continuous annealing line at Kalinganagar.
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Branded Products & Retail deliveries totalled 1.46 million tonne, with Tata Tiscon at 0.48 million tonne and Tata Astrum and Tata Steelium contributing 0.81 million tonne. Industrial Products & Projects accounted for 1.6 million tonnes, led by segments like Engineering, which grew 5% year-on-year, and Ready-to-use solutions, where SmartF@B volumes rose 66%.
The quarter also saw the launch of India’s first corrosion-resistant air-cooled bars for coastal applications. Gross merchandise value from Tata Steel’s e-commerce platforms, Tata Steel Aashiyana and DigECA, rose 39% year-on-year to ₹1,350 crore.
In Europe, Tata Steel Netherlands produced 1.7 million tonne of liquid steel and delivered 1.5 million tonne, both slightly higher than the previous year. In the UK, deliveries stood at 0.6 million tonne as operations continued through the downstream processing of purchased substrate. Construction work for the new electric arc furnace project at Port Talbot is on schedule to begin this month.
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Shares of Tata Steel Ltd ended at ₹161.95, down by ₹0.45, or 0.28%, on the BSE.
