Tata Steel Reports 8% Rise in India Sales for Q3 FY25
Steel

Tata Steel Reports 8% Rise in India Sales for Q3 FY25

Tata Steel reported an 8% increase in sales in India for the December 2024 quarter, reaching 5.29 million tonnes (mt), compared to 4.88 mt in the same period last year. The growth was attributed to fresh capacity additions and higher export volumes. Internationally, sales in the Netherlands grew to 1.53 mt from 1.30 mt, while sales in the UK declined to 0.56 mt from 0.64 mt due to operational changes. In Thailand, sales rose to 0.28 mt from 0.25 mt. Production in India increased by 6% to 5.68 mt, supported by new capacity at the Kalinganagar facility, which added 5 million tonnes per annum (MTPA) in September. The new blast furnace is currently producing 8,000 tonnes daily and is being ramped up to full capacity. In the Netherlands, production rose to 1.76 mt from 1.19 mt, while UK production ceased as the company transitions to an electric arc furnace for cleaner steelmaking. The UK Government has approved duty-free slab imports for Tata Steel from various countries, including India. Production in Thailand was marginally lower at 0.26 mt compared to 0.27 mt. Tata Steel also commissioned a Continuous Annealing Line in December, part of the 2.2 MTPA Cold Rolling Mill (CRM) complex at Kalinganagar, with approvals from major original equipment manufacturers (OEMs). Sales in the automotive and special products segment rose 3% to 2.3 mt. The Tata Tiscon brand, focused on the real estate sector, saw a 20% year-on-year increase in sales, while Tata Steelium, catering to small and medium enterprises (SMEs), reported a 7% rise. The company’s e-commerce platform for individual home builders, Tata Steel Aashiyana, posted a 37% growth in revenues, reaching Rs 21.54 billion. Additionally, Tata Steel Netherlands’ liquid steel production included 0.12 mt from the UK operations, according to the company. (Business Line)

Tata Steel reported an 8% increase in sales in India for the December 2024 quarter, reaching 5.29 million tonnes (mt), compared to 4.88 mt in the same period last year. The growth was attributed to fresh capacity additions and higher export volumes. Internationally, sales in the Netherlands grew to 1.53 mt from 1.30 mt, while sales in the UK declined to 0.56 mt from 0.64 mt due to operational changes. In Thailand, sales rose to 0.28 mt from 0.25 mt. Production in India increased by 6% to 5.68 mt, supported by new capacity at the Kalinganagar facility, which added 5 million tonnes per annum (MTPA) in September. The new blast furnace is currently producing 8,000 tonnes daily and is being ramped up to full capacity. In the Netherlands, production rose to 1.76 mt from 1.19 mt, while UK production ceased as the company transitions to an electric arc furnace for cleaner steelmaking. The UK Government has approved duty-free slab imports for Tata Steel from various countries, including India. Production in Thailand was marginally lower at 0.26 mt compared to 0.27 mt. Tata Steel also commissioned a Continuous Annealing Line in December, part of the 2.2 MTPA Cold Rolling Mill (CRM) complex at Kalinganagar, with approvals from major original equipment manufacturers (OEMs). Sales in the automotive and special products segment rose 3% to 2.3 mt. The Tata Tiscon brand, focused on the real estate sector, saw a 20% year-on-year increase in sales, while Tata Steelium, catering to small and medium enterprises (SMEs), reported a 7% rise. The company’s e-commerce platform for individual home builders, Tata Steel Aashiyana, posted a 37% growth in revenues, reaching Rs 21.54 billion. Additionally, Tata Steel Netherlands’ liquid steel production included 0.12 mt from the UK operations, according to the company. (Business Line)

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?