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Tata Steel Limited
Formerly
Tata Iron and Steel Company Limited
Public
Traded as
  • BSE500470
  • NSETATASTEEL
  • BSE SENSEX constituent
  • NSE NIFTY 50 constituent
ISIN ISIN: [https://isin.toolforge.org/?language=en&isin=INE081A01020 INE081A01020]
Industry Steel
Iron
Founded 26 August 1907; 117 years ago (1907-08-26) at Jamshedpur, Bihar (now Jharkhand), India
Founders Jamsetji Tata
Dorabji Tata
Headquarters Mumbai, Maharashtra, India
18°55′54″N 72°49′58″E / 18.9316°N 72.8327°E / 18.9316; 72.8327
Area served
Worldwide
Key people
T. V. Narendran
(MD & CEO)
Products Steel
Long steel products
Structural steel
Wire products
Steel casing pipes
Household goods
Revenue Decrease 220,083 crore (US$37 billion) (2025)
Operating income
Increase 9,268 crore (US$1.6 billion) (FY2025)
Increase 3,174 crore (US$540 million) (FY2025)
Total assets Increase 279,395 crore (US$47 billion) (FY2025)
Total equity Decrease 91,353 crore (US$16 billion) (FY2025)
Number of employees
Increase 78,321 (2024)
Parent Tata Group
Subsidiaries Tata Steel UK
Tata Steel Netherlands
Tata Steel Thailand
Jamshedpur FC
Tata Robins Fraser Ltd.
Mjunction
Footnotes / references
Financials as of 31 March  2025 (2025 -03-31).

Tata Steel Limited is a huge company from India that makes steel. It's part of the Tata Group, which is a very big business group. Tata Steel's main offices are in Mumbai, India. Its biggest factories are in Jamshedpur, Jharkhand.

The company used to be called Tata Iron and Steel Company Limited (TISCO). In 2022–2023, Tata Steel was one of the top 50 steel producers in the world. It could make about 35 million tons of steel each year. In India, it's one of the biggest steelmakers.

Tata Steel works in 26 different countries. Its main operations are in India, the Netherlands, and the United Kingdom. Around 78,300 people work for Tata Steel all over the world. In 2007, Tata Steel bought a big steel company in the UK called Corus.

History of Tata Steel

Tata Steel at Night
The Tata Steel plant in Jamshedpur at night

The company was started by Jamsetji Nusserwanji Tata. His son, Sir Dorabji Tata, officially set it up on August 26, 1907. TISCO began making pig iron in 1911 and started producing steel in 1912. This was all part of Jamsetji's larger Tata Group. During the First World War (1914–1918), the company helped by supplying steel for the war effort in India.

In 1920, TISCO teamed up with Burmah Shell to create The Tinplate Company of India Ltd (TCIL). This company made tinplate. By 1939, Tata Steel had the largest steel plant in the British Empire.

The company started a big plan to update and expand its factories in 1951. By 1970, about 40,000 people worked at the Jamshedpur plant. Another 20,000 worked in nearby coal mines.

In 1990, the company grew and opened a branch in New York. In 2005, TISCO changed its name to Tata Steel Ltd.

In November 2021, Tata Steel was the most successful company within the Tata Group. In July 2019, the Tata Steel plant in Kalinganagar was recognized for being very innovative.

In May 2025, Tata Steel opened a new factory in Odisha, India. This factory can now make 8 million tons of steel each year. This new steel is used for cars, buildings, and defense.

Caring for Workers

Tata Steel was one of the first companies in India to offer great benefits to its workers. For example, they had an eight-hour workday since 1912. They also offered free medical care since 1915 and schools for employees' children since 1917.

Other benefits included paid time off (since 1920), a provident fund (like a savings plan for retirement), and accident compensation (both in 1920). They also offered training (since 1921), maternity benefits (since 1928), and a way for workers to share in the company's profits (since 1934).

In 2022, Tata Steel was named one of India's "Best Workplaces in Manufacturing" for the fifth time.

Tata Steel Locations

Tata Steel has many important factories and facilities. Some of these include:

  • Tata Steel, Jamshedpur Steel Plant
  • Tata Steel, Kalinganagar Steel Plant
  • Tata Steel, Meramandali Steel Plant
  • Tata Steel, Gamharia Steel Plant
  • Tata Metaliks, Kharagpur Steel Plant
  • Tata HMC Division, Haldia Coke Plant

How Tata Steel Grew

Buying Other Companies

Tata Steel has grown by buying other companies. Here are some examples:

  • NatSteel (2004): Tata Steel bought the steel-making parts of NatSteel, a company from Singapore. This helped Tata Steel make about 2 million more tons of steel each year.
  • Millennium Steel (2005): Tata Steel bought most of Millennium Steel, a company in Thailand. This company is now called Tata Steel Thailand.
  • Corus (2006): This was a very big purchase! Tata Steel bought Corus, a large Anglo-Dutch steel company. Corus was much bigger than Tata Steel at the time. This deal made Tata Steel the 5th largest steel producer in the world.
  • Tayo Rolls (2008): Tayo Rolls makes metal products. It became a part of Tata Steel.
  • Steel Engineering and Vinausteel (2007): Tata Steel bought these two companies in Vietnam. This added more rolling mills to Tata Steel's operations.
  • Bhushan Steel (2018): Tata Steel took over Bhushan Steel. This company was later renamed Tata Steel BSL.
  • Usha Martin (Steel division) (2019): Tata Steel bought the steel business of Usha Martin. This included a special steel plant in Jamshedpur.
  • Nilachala Ispat Nigam Ltd. (2022): Tata Steel bought most of NINL, a company in Odisha, India.

In February 2025, Tata Steel Limited bought more shares in its Singapore company, T Steel Holdings Pte. Ltd. This made T Steel Holdings Pte. Ltd. a fully owned part of Tata Steel.

Working with Other Companies

Tata Steel also works with other companies in joint ventures:

  • In 2006, Tata Steel and Australia's BlueScope Steel started Tata BlueScope Steel Ltd.. They make pre-engineered steel products together.
  • In 2014, Tata Steel and Nippon Steel started Jamshedpur Continuous Annealing and Processing Company Pvt Ltd. (JCAPCPL). They make special steel for the car industry.

Joining Companies Together

In 2022, the Tata Group brought seven of its metal companies together to become one big part of Tata Steel. This made Tata Steel even stronger.

Sports and Tata Steel

Tata Steel supports many sports academies and teams. They helped start the Tata Football Academy, TSAF Climbing Academy, and Tata Archery Academy. They also support hockey academies. The company is also the name sponsor of the Tata Steel Chess Tournament.

Where Tata Steel Works

Tata Steel's main office is in Mumbai, India. Its marketing office is in Kolkata, West Bengal. The company has operations in about 50 countries. It has factories in 26 countries, including India, Malaysia, Vietnam, Thailand, the UAE, the UK, the Netherlands, and Canada.

Challenges in Europe

After Tata Steel bought Corus in 2007, its European businesses faced some problems. There was too much steel being made, and cheap steel was coming from China. Also, there was pressure to make steel in a more environmentally friendly way. These challenges made Tata Steel change how it ran its businesses in Europe.

In 2016, Tata Steel sold its Long Products Europe Division in Scunthorpe, England. This part of the company was renamed British Steel Limited.

In 2017, Tata Steel decided to sell its special steel division to Liberty House Group.

In September 2017, ThyssenKrupp from Germany and Tata Steel planned to combine their European steel businesses. This would have made them the second-largest steelmaker in Europe. However, in 2019, regulators in the EU did not approve the deal because they thought it would reduce competition.

In September 2024, Tata Steel UK announced that about 2,500 jobs would be lost at the Port Talbot steelworks, even with government support.

In October 2021, Tata Steel Europe officially split its businesses into two separate companies: Tata Steel Netherlands and Tata Steel UK.

In April 2022, Tata Steel had to find new places to get coal for its factories in the UK and the Netherlands. This was because European countries stopped doing business with Russia.

Challenges in Southeast Asia

In January 2019, Tata Steel planned to sell a big part of its businesses in Southeast Asia (NatSteel and Tata Steel Thailand). This was because of debt and ongoing losses. However, the deal did not happen.

Later, in 2021, Tata Steel decided not to sell its Southeast Asian businesses. This was because their financial situation had improved.

In October 2021, Tata Steel announced it would sell its company, Natsteel Holdings Pte. Ltd., to a company called TopTip Holding Pte. This deal included two factories in Singapore and one in Malaysia.

Tata Steel Owners

As of September 29, 2023, the Tata Group owned about 33.90% of Tata Steel shares. Many different people and companies own the rest of the shares.

Shareholders Shareholding
Promoters: Tata Group companies 33.90%
Insurance Companies 10.89%
Individual shareholders 9.44%
Foreign Institutional Investors 20.31%
GDRs 5.06%
Others 20.39%
Total 99.99%

You can buy shares of Tata Steel on the Bombay Stock Exchange and the National Stock Exchange of India.

Tata Steel's Other Companies

Mjunction

Mjunction is a company started by Tata Steel and SAIL (Steel Authority of India Limited). It is India's largest online business-to-business (B2B) company. It helps businesses buy and sell things online. It also runs the world's largest online marketplace for steel.

Tata Steel Thailand

Tata Steel Thailand is a company owned by Tata Steel. Its shares are traded on the Stock Exchange of Thailand.

Tata Tinplate

The Tinplate Company of India Limited (TCIL) is another company owned by Tata Steel. It was started in 1920 and is India's oldest and largest maker of tinplate. Tinplate is a thin sheet of steel coated with tin, often used for cans.

TCIL makes about 70% of all the tinplate used in India. It also sends about a quarter of its products to other countries in Southeast Asia, Europe, and the Middle East.

In 2022, it was announced that TCIL would become a direct part of Tata Steel.

How Tata Steel Helps Communities

Tata Steel's Industrial By-Product Management Division has provided a lot of blast-furnace slag (a leftover material from making steel) to help widen a highway in Odisha, India. This helps build roads in a sustainable way.

Tata Steel Utility & Infrastructure Services Ltd also honored sanitation workers. This was after Jamshedpur was ranked as the third cleanest city in India.

Carbon Footprint

Tata Steel Group tracks its CO2e emissions (gases that cause climate change). In March 2021, their total emissions were 25,790 kilotons. The company is working to reduce these emissions.

Tata Steel Group's Total CO2e emissions (Direct + Indirect) (in kilotons)
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
21,820 21,760 26,640 27,690 28,310 27,610 25,790

See also

  • List of steel producers
  • List of companies of India
  • Tata Group
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