10-July-2026
Corporate News
 
Tata Steel Q1: India production surges 11% but European slowdown drags global output
10-Jul-2026

The share price of Tata Steel fell nearly 1% in early trade after the company released its provisional business update on July 8, after market hours. For Q1FY27, Tata Steel India’s crude steel production increased 11% year-on-year to 5.82 million tonnes from 5.23 million tonnes reported in the year-ago period. Domestic crude steel production rises 9% YoY The company said the rise in its domestic crude steel production was driven by higher output at its Jamshedpur and Kalinganagar units. Its domestic delivery volumes also jumped by nearly 9% to 5.17 million tonnes from 4.75 million tonnes. “Domestic deliveries grew 11% YoY, broadly in line with production, supported by enriched product mix and strong marketing franchise,” the company said in its filing.

News Source:- https://www.financialexpress.com/business/industry/tata-steel-q1-india-production-surges-11-but-european-slowdown-drags-global-outputnbsp/4287282/