Tata Steel gains after India crude steel production climbs 15% YoY in Q4
Deliveries stood at 6.19 million tons in Q4 FY26, up 10% compared with 560 million tons in Q4 FY25.
For FY26, Tata Steel India achieved crude steel production of 23.48 million tons. Production was up 8% YoY primarily aided by Kalinganagar ramp up, partly offset by shutdown of ?G? blast furnace for relining at Jamshedpur.
Tata Steel Netherlands liquid steel production in FY26 was approximately 6.7 million tons and deliveries were around 6.1 million tons. Tata Steel UK is serving its customers via downstream processing of purchased substrate. Deliveries for the year were 2.2 million tons, lower on YoY basis due to subdued market dynamics. Work is progressing with respect to the setup of around 3 MTPA Electric Arc Furnace at Port Talbot.
Tata Steel Thailand reported saleable steel production of 1.33 million tons in FY26, while deliveries stood at 1.32 million tons. Deliveries improved by 11% YoY primarily driven by strong domestic rebar sales.
Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum. The company reported a sharp 723.14% jump in consolidated net profit to Rs 2688.70 crore on 6.4% increase in revenue from operations to Rs 56,646.05 crore in Q3 FY26 over Q3 FY25.