News

Tata Steel Q1 India deliveries slip 4%; e-commerce sales surge 39% to ₹1,350 croreThe 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. Shares of Tata Steel Ltd ended at ₹161.95, down by ₹0.45, or 0.28%, on the BSE.By CNBCTV18July 8, 2025, 6:18:27 PM IST (Published)2 Min ReadTata Steel Ltd on Tuesday (July 8) reported a steady crude steel production of 5.26 million tonne in India for Q1 FY26, marginally lower than 5.27 million tonne in the same quarter last year.

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.

Also Read: Tata Steel Q4 Results: Profit, revenue in line with estimates; ₹3.60 dividend declared

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.

Also Read: Tata Steel faces ₹1,903-crore demand over dispatch shortfall from Odisha mine

Shares of Tata Steel Ltd ended at ₹161.95, down by ₹0.45, or 0.28%, on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market todayTata Steel