Tata Steel India FY2025 crude steel production increased by 5%
Mumbai, April 07, 2025
All Figures are in million tons
Items | 4QFY25 (Provisional) | 3QFY25 (Actual) | 4QFY24 (Actual) | FY2025 (Provisional) | FY2024 (Actual) |
Production volume1: | |||||
Tata Steel India2 | 5.51 | 5.69 | 5.40 | 21.75 | 20.78 |
Tata Steel Netherlands | 1.63 | 1.76 | 1.48 | 6.75 | 4.81 |
Tata Steel UK | – | – | 0.66 | 1.07 | 2.99 |
Tata Steel Thailand | 0.31 | 0.26 | 0.31 | 1.18 | 1.12 |
Delivery volumes3: | |||||
Tata Steel India2 | 5.60 | 5.29 | 5.42 | 20.94 | 19.91 |
Tata Steel Netherlands | 1.72 | 1.53 | 1.43 | 6.22 | 5.33 |
Tata Steel UK | 0.64 | 0.57 | 0.69 | 2.51 | 2.80 |
Tata Steel Thailand | 0.32 | 0.28 | 0.32 | 1.19 | 1.12 |
Notes: 1. Production Numbers: India – Crude Steel Production; UK & Netherlands – Liquid Steel Production; Tata Steel Thailand – Saleable Steel Production. 2. India includes Tata Steel Standalone and Neelachal Ispat Nigam Ltd on proforma basis. 3. Deliveries are prior intercompany eliminations.
- Tata Steel India FY2025 crude steel production increased by 5% YoY to around 21.8 million tons, upon commissioning of India’s largest blast furnace at Kalinganagar and higher steel production at Neelachal Ispat Nigam Limited. In 4QFY25, crude steel production was 5.51 million tons and lower on QoQ basis due to the relining underway at “G” blast furnace in Jamshedpur.
- Tata Steel India deliveries increased inline with production and surpassed the previous best recorded in FY2024. Domestic deliveries rose 4.4% YoY to 19.7 million tons leveraging India steel demand growth. During the quarter, India deliveries rose 6% QoQ to 5.6 million tons and were the ‘best ever’ volumes aided by higher growth in domestic deliveries of around 9% QoQ.
- Key highlights of domestic deliveries for FY2025:
- ‘Automotive & Special Products’ (A&SP) vertical deliveries were broadly similar YoY at ~3.1 million tons. In 4QFY25, A&SP volumes increased by 10% QoQ and Tata Steel became the 1st Indian mill to localise high strength grade hot rolled CP780 for automotive applications.
- ‘Industrial Products & Projects’ (IPP) vertical deliveries were broadly similar YoY at ~7.3 million tons driven by value accretive segments such as Engineering and Ready-to-use solutions, which registered ‘best ever’ annual volumes. In 4QFY25, IPP witnessed a growth of 14% QoQ.
- Revenues from Tata Steel Aashiyana, an e-commerce platform for Individual Home Builders, were up 60% YoY to Rs. 3,550 crores. Growth has been aided by enhanced reach as well as strategic initiatives to enhance consumer experience.
- Tata Steel Netherlands liquid steel production in FY2025 was 6.7 million tons and deliveries were 6.2 million tons. Production as well as deliveries were up YoY upon return to normal operating levels post completion of reline of BF #6 in February 2024.
- Tata Steel UK liquid steel production in FY2025 was ~1.1 million tons. Both the blast furnaces were closed at the end of 2QFY25 and presently, TSUK is servicing its customers via downstream processing of purchased substrate. Deliveries stood at 2.5 million tons, adversely impacted by subdued demand dynamics.