Tata Steel India's Crude Steel Production Up 8% QoQ and 7% YoY in 2QFY2026

Tata Steel's crude steel production in India for 2QFY2026 was 5.67 million tons, marking an 8% increase over the previous quarter and a 7% increase year-over-year. This growth was primarily due to the normalization of operations post the relining of the G Blast furnace at Jamshedpur. Domestic deliveries grew 20% QoQ and 7% YOY, driven by improved production and stable demand across market segments despite the seasonal rains. The 'Automotive & Special Products' vertical deliveries were ~0.8 million tons, with the Continuous Galvanising Line at Kalinganagar securing facility approvals from OEMs. The 'Branded Products & Retail' vertical deliveries were ~1.9 million tons, recording the 'best ever' quarterly volumes. The 'Industrial Products & Projects' vertical deliveries were also ~1.9 million tons, driven by performance of value accretive segments such as Engineering and Ready-to-use solutions. Gross Merchandise Value from e-commerce platforms, Tata Steel Aashiyana and DigECA, was Rs 1,980 crores, more than tripled on YoY basis.