Overview

• Consolidated crude steel production reached 5.67 million tonnes in the quarter, up 7% year over year.
• India delivery volumes increased 9% to 5.56 million tonnes, with branded retail and industrial deliveries at 1.9 million tonnes each and automotive and special products at 0.8 million tonnes.
• UK deliveries declined 11% to 0.56 million tonnes, while Netherlands output was 1.67 million tonnes with a marginal year-over-year change reported inconsistently across outlets.
• Tata Steel commissioned a Continuous Galvanising Line at Kalinganagar, expanding its downstream capability.
• E-commerce gross merchandise value reached Rs 1,980 crore, more than tripling from a year earlier, and shares climbed roughly 3% intraday following the update.