[Tata Steel 2QFY27 Crude Steel Output Up 10% YoY to 6.21 Million Tonnes]

Published: Oct 08, 2026 10:13 (GMT+8)

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Tata Steel's crude steel output hit 6.21 million tonnes in 2QFY27, up 10% y-o-y and 8% q-o-q. Deliveries rose 7% y-o-y to 5.97 million tonnes and 15% q-o-q from 5.17 million tonnes, outpacing production as Indian demand held firm and stocks cleared after planned maintenance at Kalinganagar and Meramandali in 1QFY27. The annual gain mainly reflects ramp-up of the new 5 million tpa blast furnace at Kalinganagar. Tata Steel targets 40 million tpa Indian capacity by 2030 through brownfield expansions at Jamshedpur and Neelachal Ispat Nigam, where a 4.8 million tpa project costs about 4.1 billion USD (338.7 billion INR). Risks: high European energy costs, Dutch outages, Chinese export price pressure and coking coal volatility.

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