Tata Steel Limited, with a consolidated turnover of US $32,836 million in the financial year ending March 31, 2022, is the 10^th largest steel producer in the world with an annual crude steel production capacity of 34 MnTPA.

Established in Jamshedpur (Jharkhand, India) in 1907, the Company took shape from the vision of its founder Jamsetji Nusserwanji Tata and is today one of the world's most geographically diversified steel producers with operations and commercial presence across the world. Tata Steel group is spread across five continents with an employee base of over 65,000.

Focussing on Innovation, Technology, Sustainability & People, the Company strives to be the global steel industry benchmark for value creation and corporate citizenship and become the most respected and valuable steel company globally.

Tata Steel’s manufacturing and downstream facilities are in India, the UK, the Netherlands, and Thailand, while its raw material mines are in India and Canada.

Tata Steel’s consolidated crude steel production capacity in India stands at 20.6 MnTPA with manufacturing facilities in Jamshedpur and Gamharia in Jharkhand, Kalinganagar and Meramandali in Odisha. In addition, the Company has several downstream product extensions with manufacturing facilities for Wires, Tubes, Bearings, Agriculture Equipment, and Industrial By-products. It also has a Ferro Alloys and Minerals division and a heavy-duty engineering and fabrication unit, Tata Growth Shop.

In India, Tata Steel operates an end-to-end value chain that extends from mining to finished steel goods, catering to an array of market segments such as automotive, construction, general engineering etc. The Company sources most of the required raw materials from its captive mines in India, providing raw material security and the competitive advantage of being a low-cost steel producer. The Raw Material Division of Tata Steel supplies almost 100% of iron ore and nearly 21% of clean coal requirements for steel manufacturing facilities in India, while the rest is imported. The Company also operates manganese and chromite mines.

In Europe, Tata Steel is one of the largest steel producers, with two operating steel manufacturing facilities – one based in the UK with a capacity of 5 MnTPA and the other in Mainland Europe (the Netherlands) with a capacity of 7 MnTPA. Both operating facilities produce premium flat steel products and services for customers in Europe and around the world. Tata Steel (Thailand) Public Company Limited (TSTH), the Company’s South-East Asian operating unit, has a crude steel production capacity of 1.7 MnTPA.

Tata Steel delivered superior performance in FY 2021-22 despite heightened complexities in the face of COVID-19 as well as ongoing geopolitical tensions. The Company’s India business showed broad-based growth across chosen segments due to sustained focus on customer relationships, distribution network and portfolio of brands supported by an agile business model. The Europe operations delivered robust performance on the back of a strong business environment and the transformation programme undertaken by the Company. 

Highlights

• During FY 2021-22, the Company achieved the highest ever consolidated EBITDA of ₹63,830 crore, a growth of 107%, translating into an EBITDA per tonne of ₹21,626 and a healthy EBITDA margin of 26%
• Capacity expansion at Tata Steel Kalinganagar (‘TSK’) Phase 2 (3 MnTPA to 8 MnTPA) is underway with a target of commissioning key facilities: Pellet Plant and part of Cold Rolling Mill in FY 2022-23
• Completed the Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited into and with Tata Steel Limited 
• Completed the acquisition of Neelachal Ispat Nigam Limited in the second quarter of FY 2022-23
• Successfully divested its stake in NatSteel Holdings Pte Limited, Singapore
• In Europe, Tata Steel achieved a complete separation of its UK and Netherlands operations in October 2021. Under the new structure, Tata Steel UK and Tata Steel Netherlands will operate as two independent companies pursuing separate strategic paths
• Made progress in the New Materials Business, with an objective to build its business in knowledge and intellectual property intensive and non-cyclical new materials. The Company is exploring Composites, Graphene and Advanced Ceramics as areas of growth. During FY 2021-22, the Company has started working towards building a world-class facility to produce medical materials with a focus on healthcare
• Committed to circular economy, the Company commissioned a 0.5 MnTPA steel recycling plant at Rohtak, Haryana. This endeavour will help meet the growing demand for steel in a sustainable manner, formalise the scrap market in India, and enable the country transition into a scrap-based steelmaking route
• The Company’s latest integrated brand campaign ‘#WeAlsoMakeTomorrow’, emblematic of the steel maker’s commitment to build a greener and better tomorrow, is currently live