Tata Steel gains on aiming 10-15 MT production via recycling in 10-15 years

Tata Steel's share price jumped 1.5% on Monday after the company aimed to improve its production through the recycling route.

Tata Steel is aiming for 10-15 million tonnes (MT) production through the recycling route in the next 10-15 years. In FY25, the company produced 30.92 MT of steel out of its total capacity of 35 MT spread over India, the UK, the Netherlands and Thailand. The company aims to scale up its steel-making capacity to 40 MT by 2030 in India. In the UK, Tata Steel is in the process of transitioning towards scrap-based electric arc furnace (EAF) manufacturing from the blast furnace steel-making route at its 3 million tonne per annum (MTPA) plant located at Port Talbot in South Wales.

The company had set up a recycling plant near Delhi a few years ago. The 0.75 MT recycling-based steelmaking unit being set up in Ludhiana will be ready by the end of this financial year. In the Netherlands, Tata Steel owns a steel manufacturing plant at IJmuiden, which produced an estimated 6.75 MTPA of liquid steel in FY25. In India, Tata Steel has over 26 MT of steel capacity and 1.7 MT in Thailand.

In Q4FY25, the company’s revenue declined by 4.2% YoY to ₹56,218 crore as compared to ₹58,687 crore in the previous year’s similar quarter. The net profit for the company nearly doubled from ₹522 crore to ₹1201 crore in Q4FY25.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.