Tata Steel | Company Profile & Details (2024)

The world of Tata Steel is one without boundaries – growing, changing, and challenging. A worldthat embraces different skills, continuous innovation, sustainable growth and better quality of life.

We touch the lives of millions of people across the world every day with the steel that we produce. And it is highly likely that Tata Steel has affected your life today, though you may not know it.

From the vehicle you drive, to the house you live in; from the bridges you cross, to the hand tools that you use, we strive to deliver unparalleled quality through our customised value-added solutions to make your life easier.

This is made possible by our commitment to a culture of continuous improvement, through which we drive operational excellence in processes, products and people.

Tata Steel, with an annual crude steel capacity of 34 million tonnes per annum (MnTPA), is one of the world’s most geographically diversified steel producers. We are one of the few steel operations that are fully integrated – from mining to the manufacturing and marketing of finished products.

Continuous improvement in our product and service portfolio, along with success in value creating initiatives for customers, allows us to serve global growth markets. Today, we have our operations and commercial presence across the world. A Great Place to Work-CertifiedTM organisation, Tata Steel, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 65,000. The group recorded a consolidated turnover of INR 1,56,294 crore in the financial year ending March 31, 2021.

Our Raw Material operations are spread across India and Canada which help us to be self-sufficient in steel production. Key manufacturing functions are performed by the raw materials and iron-making groups, while Shared Services provides maintenance support for a smooth production. In India, our downstream business activities are structured into strategic business units such as Ferro-Alloys and Minerals,Tubes, Wires, Bearings, Agrico, Industrial By-products Management & Tata Growth Shop.

INDIA

Tata Steel was established in India as Asia’s first integrated private steel company in 1907. With this, we also developed India’s first industrial city at Jamshedpur. Today, we are among the leading global steel companies. Our annual crude steel capacity across Indian operations is nearly 20 MnTPA and we registered a turnover of INR 91,037 crore in FY21. We also set up our second greenfield steel plant of 3 MnTPA in the eastern state of Odisha in 2016; the expansion to 8 MnTPA in currently underway. We possess and operate captive mines that help us maintain cost- competitiveness and production efficiencies through an uninterrupted supply of raw material. This is how we ensure that we remain the lowest cost producer of steel in Asia.

The Indian product portfolio is divided into four segments – Automotive and Special Products; Industrial Products, Projects and Exports; Branded Products and Retail; and Services and Solutions. The Company supplies hot-rolled, cold-rolled, galvanised, branded solution offerings and more.

EUROPE

Tata Steel is one of the largest steel producers in Europe with a crude steel production capacity of over12.4 MnTPA. We established our presence in the European continent after acquiring Corus in 2007. The manufacturing facilities in Europe comprise primary steel-making facilities in the Netherlands and the United Kingdom, with downstream operations in the Netherlands, the United Kingdom, Germany, France, Belgium, Sweden, and Turkey. The European operations produce a wide range of high-quality quality strip steel products for demanding markets such as construction, automotive, packaging and engineering.
Visit website: www.tatasteeleurope.com

SOUTH-EAST ASIA

Tata Steel’s operations in South-East Asia, with 2.2 MnTPA capacity, began in 2004 with the acquisition of NatSteel, Singapore. The operations are run by NatSteel Holdings Pte Ltd., a wholly-owned subsidiary of Tata Steel. The Company’s flagship facility at Singapore is one of the largest single downstream rebar fabrication operations in the world. This plant is the only local steel mill with an integrated upstream and downstream operation, where steel is manufactured through recycling scrap, and fabricated according to customers’ needs.

In 2015, we acquired a majority stake in Thailand-based steelmaker Millennium Steel, which strengthened our South-East Asian operations. is the largest and most diverse long steel manufacturer in Thailand using recyclable steel scrap as raw material. The product range includes High Tensile Rebars, ready to use Cut & Bend products, light structurals, and specialty wire rods for making Tire Cord, Tire bead, Wire Ropes, and stick electrodes. The company has a pan Thailand distribution network and regularly exports steel to Laos, Cambodia, Indonesia, Malaysia, India, and Bangladesh.

Visit websites: www.natsteel.com.sg | www.tatasteelthailand.com

Tata Steel | Company Profile & Details (2024)

FAQs

Tata Steel | Company Profile & Details? ›

Tata Steel, with an annual crude steel capacity of 35 million tonnes per annum (MnTPA), is one of the world's most geographically diversified steel producers. We are one of the few steel operations that are fully integrated – from mining to the manufacturing and marketing of finished products.

What is Tata Steel best known for? ›

TATA STEEL. We are India's lowest cost producer of steel. Our history and journey are inextricably linked to the Indian growth story; and we have helped build the nation's industrial narrative, since the time we laid the foundation of India's first industrial city in Jamshedpur more than 100 years ago.

Which steel company is owned by Tata? ›

NameHolding TypeHolding (%)
Bhushan Steel (South) LimitedSubsidiary100
Bhushan Steel (Madhya Bharat) Ltd.Subsidiary100
The Indian Steel & Wire Products Ltd.Subsidiary95.01
Subarnarekha Port Private LimitedSubsidiary50.41
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What is the organization of Tata Steel? ›

A Public Limited Company, Tata Steel is headquartered at Mumbai, Maharashtra, India. Its stock is listed and traded on Stock Exchanges located at Mumbai & Kolkata. Global Depository Receipts (GDR) issued by the company in the International market has been listed on the Luxembourg Stock Exchange.

Who is the CEO of Tata Steel? ›

Narendran. T. V. (Thachat Viswanath) Narendran (born 2 June 1965) is an Indian business executive. He is currently the global CEO and Managing Director of Tata Steel, one of the largest steel producers in the world.

Who is the biggest competitor of Tata Steel? ›

Competitors
  • Tata Steel Ltd. TATSTE.
  • Beekay Steel Industries Ltd. BEESTE.
  • Incredible Industries Ltd. ADHUIN.
  • Jindal Steel & Power Ltd. JINDAL.
  • JSW Steel Ltd. JSWST.
  • Manaksia Steels Ltd. MANAST.
  • OCL Iron & Steel Ltd. OCLIRO.
  • Prakash Industries Ltd. PRAKIN.

What are the biggest projects of Tata Steel? ›

  • RINL- co*ke and Coal Handling plant.
  • CDQ - Kalinganagar.
  • Vishakapatnam Steel Plant.
  • Vishakapatnam Steel Plant.
  • Indias Largest Blast Furnace Rourkela Steel Plant.
  • Blast Furnace Nagarnar.
  • Alternate Gas Network.
  • Hot Strip Mill, Hazira.

Why is Tata Steel falling? ›

Tata Steel's shares fell by nearly 5% post Q4 FY24 results, with consolidated net profit declining by 64.59% to ₹554.56 crore. Revenue dropped in India, Netherlands, and UK, leading to a full-year revenue decrease.

What is the old name of Tata Steel? ›

Tata Iron and Steel Company Limited

Which 7 companies merged with Tata Steel? ›

The seven subsidiaries to be merged with the company are Angul Energy, Tata Steel Long Products (TSPL), The Tinplate Company of India, Tata Metaliks, TRF, Indian Steel & Wire Products, and Tata Steel Mining and S&T Mining Company. Tata Steel MD and CEO T.V.

Is Tata Steel a good buy? ›

Tata Steel shares have rallied 66.94% in a year and risen 25% in 2024. The Tata Group stock is trading higher than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day moving averages indicating that the stock is in bullish zone.

Who is the shareholder of Tata Steel? ›

Tata Sons Private Limited (TSPL) holds 32.44% in Tata Steel Limited as on September 30, 2023 and Tata Steel Limited is an associate of TSPL. TSPL being a Core Investment Company registered with RBI, is exempted under the Significant Beneficial Ownership (SBO) Rules.

What is the raw material of Tata Steel? ›

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.

How rich is Tata Steel? ›

Total assets on the balance sheet as of March 2024 : $32.79 B. According to Tata Steel's latest financial reports the company's total assets are $32.79 B. A company's total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

How many employees does Tata Steel have? ›

A Great Place to Work-CertifiedTM organisation, Tata Steel, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000. The group recorded a consolidated turnover of INR 2,43,353 crore in the financial year ending March 31, 2023.

What is the full name of Tata? ›

It is a brand name that does not have a full form, but it was originally derived from the name of its founder, Jamsetji Tata. 'Tata' is the Last Name of the founder of TATA Group whose full name is 'Jamsetji Tata'. TATA is an Indian Multinational Company operating in many sectors, in and outside Indian.

What makes Tata Steel unique? ›

It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world.

Why Tata Steel is the best? ›

We are one of the few steel operations that are fully integrated – from mining to the manufacturing and marketing of finished products. Continuous improvement in our product and service portfolio, along with success in value creating initiatives for customers, allows us to serve global growth markets.

Why did Tata Steel fall so much? ›

Summary. Shares of leading steel makers dropped more than 2% amid concerns over increased supply hitting the margins of steel companies. Higher exports from China have also weighed on steel prices and profitability.

What does Tata Steel sell? ›

Market SegmentMarket sub-segments (customer groups)Products & Brands
IndustrialLPG (B2B)Hot Rolled
Welding (B2B)Wire Rods
Process Industries (e.g. Cement, power, steel) (B2B)Ferro Chrome Process Tubes
AgricultureAgri equipment (B2B)Bearings
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