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Tata Steel's Indian business reports 4% growth in crude steel production in Q4FY24

06 Apr 2024 Evaluate

Tata Steel's Indian business has registered 4.47% rise in output at 5.38 million tons (MT) in Q4FY24 as compared to 5.15 MT it had produced during Q4FY23. Its deliveries report marginal rise to 5.41 MT in the Q4FY24 period from 5.15 MT a year ago. In full year, its production stood at 20.76 MT, while deliveries stood at 19.90 MT. 

The company’s Netherlands business has produced 1.47 MT of steel in Q4FY24, down from 3.92 MT in the same period last year. In UK, Tata Steel has produced 0.70 MT of crude steel in Q4FY24, lower from 5.41 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.

Tata Steel Share Price

212.05 1.35 (0.64%)
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