Tata Steel continually re-defines performance parameters in its journey towards becoming the global steel industry benchmark for value creation and corporate citizenship.
Today, we are amongst one of the few steel companies that has its operations fully integrated – from mining to manufacturing and marketing of finished products.
Our manufacturing strategy has always focused on ensuring raw material security. This goes a long way in enabling cost competitiveness and efficiencies, and has enabled Tata Steel to become the lowest cost producer of steel in Asia.
Our Raw Material Division operates captive iron ore and coking coal mines in the Indian states of Jharkhand and Odisha. Key manufacturing functions, are performed by the raw materials and iron making groups, while Shared Services provides support for a smooth production. The downstream and allied business activities are structured into profit centres such as Ferro-alloys and Minerals, Tubes, Wires, Bearings, Agrico, Industrial By-products Management & Tata Growth Shop.
Following a growth strategy of capacity augmentation through Brownfield and Greenfield projects, the capacity expansion plans in Jamshedpur and Kalinganagar will further help strengthen our product portfolio in India while rebalancing steel-making capacities across the Group.