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Tata Steel's Indian business reports 4% growth in crude steel production in Q2FY24

09 Oct 2023 Evaluate

Tata Steel's Indian business has registered 3.96% rise in output at 4.99 million tons (MT) in Q2FY24 as compared to 4.80 MT it had produced during Q2FY23. Its deliveries report marginal fall to 4.82 MT in the Q2FY24 period from 4.91 MT a year ago. 

The company’s Europe business has produced 1.99 MT of steel in Q2FY24, down from 2.40 MT in the same period last year. In Thailand, Tata Steel has produced 0.28 MT of steel in Q2FY24, lower from 0.30 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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