Tata Steel reports mixed results in its Q2 business update, with India showing growth while some overseas markets record declines. Deliveries in India rise 8% year-on-year to 5.97 million tonnes, alongside a 10% increase in India production to 6.21 million tonnes, according to NDTV and consistent with figures cited by Business Line.
Business Line adds that sales in the Netherlands and UK fall during the quarter, reaching 1.30 million tonnes versus 1.54 million tonnes a year earlier in the Netherlands/UK, and 0.38 million tonnes versus 0.57 million tonnes in the UK. It also states that Tata Steel Thailand sees a dip in sales to 0.31 million tonnes from 0.36 million tonnes. Across the outlets, the shared emphasis is on stronger India volumes contrasted with weaker performance in select international operations, without providing broader financial or profitability details in the cited reports.
