Tata Steel Consolidated Output Falls 5% To 7.45 MT in Q4

New Delhi: Tata Steel on Monday reported a 5 per cent fall in its consolidated steel production to 7.45 million tonnes (MT) for the last quarter of FY25, mainly due to ongoing transition at the company's operations in the UK.

The company had produced 7.85 MT in the January-March quarter of the preceding 2023-24 fiscal, with 0.31 MT coming from the UK plant. In FY25, the consolidated steel production in India, the Netherlands, the UK and Thailand increased 3.53 per cent to 30.75 MT from 29.7 MT in FY24.

Tata Steel reported a 5.34 per cent rise in consolidated sales to 8.28 MT in Q4 FY25 over 7.86 MT sales in the last quarter of 2023-24. The company sales for the entire fiscal rose 6 per cent to 30.86 MT against 29.16 MT in FY24. According to Tata Steel, there was no production at its manufacturing site in the UK in the third and fourth quarters of the last fiscal. "Both the blast furnaces (BF) were closed at the end of 2Q FY25 and presently, Tata Steel UK (TSUK) is servicing its customers via downstream processing of purchased substrate. Deliveries stood at 2.5 MT, adversely impacted by subdued demand dynamics," the company said. Tata Steel Netherlands production in FY25 was 6.75 MT and deliveries were 6.2 MT.