Tata Steel, JSW Steel output up in March quarter

Tata Steel’s sales in India were up three per cent in the March quarter at 5.60 million tonne
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Leading steel companies Tata Steel and JSW Steel have reported higher production in the March quarter on the back of fresh capacity additions going on stream.

Tata Steel’s sales in India were up three per cent in the March quarter at 5.60 million tonne (mt) against 5.42 mt logged in the same period last year.

While Tata Steel Netherlands registered rise in sales at 1.72 mt (1.43 mt), it was down at Tata Steel UK and Tata Steel Thailand to 0.64 mt (0.69 mt) and 0.32 mt (0.32 mt).

The company’s production in India was up at 5.51 mt (5.40 mt) while Tata Steel Netherlands reported higher output at 1.63 mt (1.48 mt). Tata Steel Thailand output remained unchanged at 0.31 mt while there was no production in the UK.

In FY’25, Tata Steel India crude steel production increased by 5 per cent y-o-y to about 21.8 mt upon commissioning of India’s largest blast furnace at Kalinganagar and higher steel production at Neelachal Ispat Nigam, said the company.

In UK, both the blast furnaces were closed in 2Q FY25 and presently, the company is servicing customers through downstream processing of purchased substrate. Deliveries stood at 2.5 mt, adversely impacted by subdued demand dynamics, it said.

JSW Steel output up

JSW Steel reported that its production was up 12 per cent in the March quarter to 7.63 mt against 6.54 mt logged in the same period last year. Its output in India increased 13 per cent to 7.40 million tonne against 6.54 per cent logged in the same period last year while that of US was down 0.23 mt (0.25 mt).

The 5 mtpa Integrated Steel Project at Vijayanagar, set up by wholly owned subsidiary JSW Vijayanagar Metallics is progressing well. Post commissioning of 4.5 mtpa blast furnace, raw material handling system and sinter plant in Q2 FY25, JVML commissioned one out of the two convertors and castors at the steel melt shop in december quarter. Once fully ramped up, the total crude steel capacity at Vijayanagar will increase to 17.5 mpta, contributing to JSW Steel’s overall Indian operation’s crude steel capacity at 34.2 mtpa, said the company.

In FY25, the company’s output in India was up 6 per cent to 26.98 mt (25.55 mt) while overall it was 4 per cent to 27.79 mt (26.68 mt).

Published on April 7, 2025