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Tata Steel's Indian business reports 4% growth in crude steel production in Q3FY23

07 Jan 2023 Evaluate

Tata Steel's Indian business has registered over 4% rise in output at 5.00 million tons (MT) as compared to 4.81 MT it had produced during Q3FY23. Its deliveries stood at 7% to 4.73 MT in the Q3FY23 period from 4.42 MT a year ago. The company’s Europe business has produced 2.25 MT of steel in Q3FY23, down from 2.57 MT in the same period last year. In Thailand, Tata Steel has produced 0.27 MT of steel in Q3FY23, lower from 0.32 MT in the same period last year.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.


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