Tata Steel increased steel production in India by 11.4% y/y in October-December

Domestic steel shipments increased by 14% y/y

In the third quarter of fiscal year 2025/2026 (October-December 2025), Tata Steel increased steel production at its Indian plants by 11.4% year-on-year – to 6.34 million tons, according to the company’s report.

Consolidated steel production for the period increased by almost 8% year-on-year to 8.39 million tons.

In October-December, domestic steel shipments amounted to 6.04 million tons (+14% year-on-year), while consolidated shipments amounted to 8.21 million tons (+6.3% year-on-year).

Steel production at the company’s plant in the Netherlands in October-December amounted to 1.68 million tons, with shipments of 1.4 million tons. The company reported Tata Steel UK shipments for the period at 0.52 million tons, which were affected by low demand and stable imports.

The company’s consolidated net profit in the third quarter of the current fiscal year increased to 26.89 billion rupees ($296.66 million) compared to 3.27 billion rupees a year earlier.

As noted by T. V. Narendran, Chief Executive Officer and Managing Director of Tata Steel, the company’s global operating environment continues to be shaped by tariffs, geopolitical shifts, and policy differences. Steel markets have been affected by increased exports of rolled products from China. Against this backdrop, the Indian steel producer has delivered strong results, he said. Tata Steel also continued to strengthen its market leadership in selected segments through capacity expansion and a focused processing and marketing strategy.

The company’s CFO, Kushik Chatterjee, said the company will focus on volume growth, investing in value-added projects, and strengthening ties with raw material resources in India. According to him, the UK market continues to be pressured by low demand, while political interventions are being implemented more slowly.

As a reminder, Tata Steel is investing $1.2 billion in green steel technology in the state of Jharkhand. The projects are expected to improve the region’s industrial ecosystem.