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Steel, Mid Cap

Tata Steel has entered into definitive agreements with Paul Wurth, S.A (Luxembourg), part of the SMS Group GmbH, for implementation of the world's first EASyMelt (electrically assisted syngas smelter) technology. Tata Steel intends to proceed with the first industrial demonstration of this technology in the 'E' Blast Furnace (649 m3) at its Jamshedpur Works, in a phased manner. The project aims to cut CO2 emissions by more than 50 percent compared to the blast furnace's baseline operation.

T V Narendran, CEO and Managing Director, Tata Steel, said: ?The transition to low-carbon steelmaking will be shaped by our ability to reimagine and transform existing production ecosystems. At Tata Steel, we are advancing this shift through a focused blend of technology, innovation, and strong partnerships. Our collaboration with SMS Group marks a significant milestone, accelerating our journey towards achieving net zero.

Tata Steel Limited and SMS Group signed a Memorandum of Understanding in June 2023, to collaborate on decarbonising the ironmaking process. Following a successful front-end loading study, Tata Steel has decided to move forward with the project in a phased manner.

This initiative represents a key milestone in Tata Steel's journey towards achieving net zero emissions by 2045, one of the most ambitious climate targets adopted by any major steel producer globally. Tata Steel and SMS Group-Paul Wurth will jointly work towards the implementation and development of the EASyMelt technology.

Deliveries stood at 6.19 million tons in Q4 FY26, up 10% compared with 560 million tons in Q4 FY25.

For FY26, Tata Steel India achieved crude steel production of 23.48 million tons. Production was up 8% YoY primarily aided by Kalinganagar ramp up, partly offset by shutdown of ?G? blast furnace for relining at Jamshedpur.

Tata Steel Netherlands liquid steel production in FY26 was approximately 6.7 million tons and deliveries were around 6.1 million tons. Tata Steel UK is serving its customers via downstream processing of purchased substrate. Deliveries for the year were 2.2 million tons, lower on YoY basis due to subdued market dynamics. Work is progressing with respect to the setup of around 3 MTPA Electric Arc Furnace at Port Talbot.

Tata Steel Thailand reported saleable steel production of 1.33 million tons in FY26, while deliveries stood at 1.32 million tons. Deliveries improved by 11% YoY primarily driven by strong domestic rebar sales.

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum. The company reported a sharp 723.14% jump in consolidated net profit to Rs 2688.70 crore on 6.4% increase in revenue from operations to Rs 56,646.05 crore in Q3 FY26 over Q3 FY25.

Tata Steel has acquired 178,57,14,286 equity shares of face value USD 0.1008 each aggregating to USD 180 million (Rs 1,680.27 crore) in T Steel Holdings (TSHP), a wholly owned foreign subsidiary of the company. Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the Company.

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Tata Steel today marked a historic milestone in the Company??s journey toward sustainable steelmaking with the introduction of its scrap-based Electric Arc Furnace (EAF) facility at Hi-Tech Valley, Ludhiana. Built with an investment of approximately Rs 3,200 crore, the Ludhiana EAF has a capacity of 0.75 million tonnes per annum. Designed to achieve CO?? emissions less than 0.3 tonnes per tonne of steel, the plant represents a significant step in Tata Steel??s commitment to achieve Net Zero emissions by 2045.

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