Archive · 9 Oct 2026
Tata Steel India Deliveries Rise as European Operations Slump
Tata Steel sold more steel in India during the July-to-September 2026 quarter than it did a year earlier.
Its Indian deliveries grew by 7.6%, helped by demand from carmakers and construction companies.
The company also had its best-ever second-quarter sales for automotive and special steel products.
But its steel sales fell in the Netherlands and the United Kingdom.
The article says European demand has been weak and describes challenges affecting the UK business.
Tata Steel plans to build a new electric furnace at Port Talbot in Wales.
The furnace is expected to make up to 3 million tonnes of steel and reduce emissions.
Overall, strong Indian performance helped keep the company’s total deliveries broadly flat compared with a year earlier.
Tata Steel’s India deliveries rose 7.6% year over year to 5.97 million tonnes in the September 2026 quarter.
Automotive and special products volumes climbed 19% to nearly 1.1 million tonnes, a company-record second-quarter result.
India’s expanded capacity and demand from automotive, construction, oil and gas helped domestic operations.
Deliveries fell year over year in the Netherlands to 1.3 million tonnes and in the UK to 0.38 million tonnes.
Tata Steel’s planned £1.25 billion Port Talbot electric arc furnace is expected to have 3 million tonnes of capacity and cut emissions by nearly 90%.
- Who
- Tata Steel.
- What
- India deliveries increased 7.6% year over year, while deliveries in the Netherlands and UK declined.
- When
- The September 2026 quarter, the second quarter of FY27.
- Where
- Tata Steel’s operations in India, the Netherlands and the United Kingdom.
- Why
- The article attributes Indian growth to demand from user industries including automotive and construction, while describing weak European demand and other regional challenges.
Growth and expansion
Regional pressures and risks
Indian performance
Growth and expansion
India deliveries grew 7.6%, supported by demand from automotive, construction and other user industries, as well as expanded capacity.
Regional pressures and risks
The article notes that global and domestic economic conditions include the effects of the Middle East war and a broadly deficient monsoon, which may weigh on activity.
European operations
Growth and expansion
The company is pursuing a transition at Port Talbot with a planned electric arc furnace expected to reduce emissions by nearly 90%.
Regional pressures and risks
Deliveries declined in both the Netherlands and UK; the article cites cautious European consumers, weak activity, UK supply-chain inventory buildup and safeguard measures.
SAIL investment view
Growth and expansion
The article says SAIL’s lower valuations may make it worth adding to a 2026 watch list, subject to whether performance meets expectations.
Regional pressures and risks
It also says SAIL’s capacity expansion has lagged larger rivals and investors may fear Tata Steel and JSW Steel could gain domestic market share.
- India deliveries
- 5.97 million tonnes, up 7.6% year over year
- Automotive and special products
- Nearly 1.1 million tonnes; volumes rose 19% year over year
- Netherlands deliveries
- 1.3 million tonnes, down 15.6% year over year
- UK deliveries
- 0.38 million tonnes, down 33.3% year over year
- India steel capacity
- Nearly 27.4 million tonnes at the end of FY26
- Port Talbot project
- Planned £1.25 billion electric arc furnace, with 3 million tonnes of capacity, expected to be commissioned at the end of 2027
- Total deliveries
- Nearly 8 million tonnes in Q2 FY27, broadly flat year over year