Tata Steel Targets 15 MT Recycled Steel Output by 2040: CEO

• Tata Steel aims for 10-15 MT recycled steel in 10-15 years.
• India capacity to reach 40 MT by 2030 with new recycling units.
• UK and Netherlands plants shift to greener technologies.

Tata Steel, a locally-grown company that has chosen low carbon steel making methods in India and Europe, hopes to establish 10-15 million tonnes of production via the recycling route in the next 10-15 years, said T V Narendran, CEO & MD of the company.

In FY25 Tata Steel produced 30.92 million tonnes of steel out of total capacity of 35 million tonnes (in India, the UK, the Netherlands, and Thailand). The company plans to expand steel-making capacity to 40 million tonnes in India by FY30.

T V Narendran said, "Linearity to circularity is one shift we are making … you will see in the next 10-15 years, 10-15 million tonnes of Tata Steel’s production will be through the recycling route".

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He added, "In the UK we’ve closed the blast furnaces and we’re building an electric arc furnace. In Netherlands, we are in conversation with the Dutch government to do the similar thing. So, by 2035, we won’t have any blast furnaces operating in Europe. So, from producing 10 million tonnes of steel using blast furnaces, we’ll be producing 10 million tonnes of steel using alternate process routes such as greener".

In the UK, Tata Steel is in transition from the blast furnace steel making method to the scrap-based Electric Arc Furnace (EAF) method at its South Wales plant (Port Talbot) for 3 MTPA. Narendran also noted that Tata Steel constructed a recycling plant near Delhi a couple of years ago.

The recycling based steelmaking unit of 0.75 million tonnes is being implemented in Ludhiana and will be operational by the end of this fiscal year.

In the Netherlands, Tata Steel's steel plant at IJmuiden produced approximately 6.75 MTPA of industrial liquid steel in FY25. Tata Steel has a 26 million tonnes of steel capacity in India and 1.7 million tonnes in Thailand.