Tata Steel’s high-end value-added product deliveries grew 46% y-o-y in FY ’21

TSL’s FY ’21 deliveries in high-end value-added engineering segment grew 46% y-o-y driven by increased focus on mix enrichment, new product development and mill approvals.

In the Oil and gas segment deliveries grew 3.4x in FY ’21; supplies to key prestigious projects like-

• Kochi Koottanad Bangalore Mangalore pipeline (100% share of business)
• Srikakulam Angul Pipeline Project (50% share of business)
• Kandla Gorakhpur LPG Pipeline (33% share of business)
• Ramped-up commercial deliveries from Tata Steel Kalinganagar post successful development of X65 and X70 API grades
• Executed first ever commercial supplies of API X70 in plate form for LSAW application to a reputed pipe manufacturer.