After Steel Authority of India Limited recently announcing 17.36 million tonne of crude steel production in FY 2021-22, Tata Steel India has reported crude steel production of 19 million tonnes, ranking it as largest steel maker in India last year so far as JSW Steel’s announcement is awaitedTata Steel India has achieved highest ever annual crude steel production of 19 million tonnes in FY 2021-22, with a growth of 13% YoY despite the COVID 2nd wave related disruption early in the financial year. Tata Steel India deliveries increased by 6% YoY in, surpassing the previous best recorded in FY21. Domestic deliveries grew by 14% YoY driven by improved demand and the company’s robust marketing network. Automotive & Special Products’ segment deliveries increased by 27% YoY in FY22 to cross 2.5 million tonnes mark. Branded Products & Retail segment deliveries increased by 11% YoY in FY22 to cross 5.2 million tonnes mark. Industrial Products & Projects’ segment deliveries increased by 12% YoY in FY22 to cross 6.3 million tonnes markTata Steel Europe steel production in FY22 grew by 6% YoY and total deliveries increased by 2.% YoY driven by broad based improvement in most steel consuming sectors. Tata Steel Thailand steel production in FY22 shrank by 3% YoY and total deliveries increased by 2.3% YoY----------------------------Production FY 2021-22----------------------------Tata Steel India - 19.06 million tonne, up 12.6% YoYTata Steel Europe -10.12 million tonne, up 6.0% YoYTata Steel Thailand - 1.29 million tonne, down 3.0% YoYTata Steel Total - 30.47 million tonne, up 9.6% YoY----------------------------Delivveries FY 2021-22----------------------------Tata Steel India - 18.27 million tonne, up 5.6% YoYTata Steel Europe - 8.99 million tonne, up 1.9% YoYTata Steel Thailand - 1.33 million tonne, up 2.3% YoYTata Steel Total - 28.59 million tonne, up 4.3% YoY
After Steel Authority of India Limited recently announcing 17.36 million tonne of crude steel production in FY 2021-22, Tata Steel India has reported crude steel production of 19 million tonnes, ranking it as largest steel maker in India last year so far as JSW Steel’s announcement is awaitedTata Steel India has achieved highest ever annual crude steel production of 19 million tonnes in FY 2021-22, with a growth of 13% YoY despite the COVID 2nd wave related disruption early in the financial year. Tata Steel India deliveries increased by 6% YoY in, surpassing the previous best recorded in FY21. Domestic deliveries grew by 14% YoY driven by improved demand and the company’s robust marketing network. Automotive & Special Products’ segment deliveries increased by 27% YoY in FY22 to cross 2.5 million tonnes mark. Branded Products & Retail segment deliveries increased by 11% YoY in FY22 to cross 5.2 million tonnes mark. Industrial Products & Projects’ segment deliveries increased by 12% YoY in FY22 to cross 6.3 million tonnes markTata Steel Europe steel production in FY22 grew by 6% YoY and total deliveries increased by 2.% YoY driven by broad based improvement in most steel consuming sectors. Tata Steel Thailand steel production in FY22 shrank by 3% YoY and total deliveries increased by 2.3% YoY----------------------------Production FY 2021-22----------------------------Tata Steel India - 19.06 million tonne, up 12.6% YoYTata Steel Europe -10.12 million tonne, up 6.0% YoYTata Steel Thailand - 1.29 million tonne, down 3.0% YoYTata Steel Total - 30.47 million tonne, up 9.6% YoY----------------------------Delivveries FY 2021-22----------------------------Tata Steel India - 18.27 million tonne, up 5.6% YoYTata Steel Europe - 8.99 million tonne, up 1.9% YoYTata Steel Thailand - 1.33 million tonne, up 2.3% YoYTata Steel Total - 28.59 million tonne, up 4.3% YoY
