Tata Steel Regulatory News (TTST)

Tata Steel's Q1 FY'14 Key Production and Sales Figure

Jamshedpur, July 10, 2013: Tata Steel registered Hot Metal and Crude Steel production of 2.46 million tonnes (up by 20% y-o-y) and 2.22 million tonnes (up by 22% y-o-y) respectively for Q1 FY'14. Saleable Steel production was higher by 23% y-o-y (to 2.14 million tonnes), and Sales increased by 26% y-o-y to 2.01 million tonnes.

The key production and sales figures are given below:

Production & Sales Performance

Figures in '000 tonnes

Major Highlights - Q1 FY'14

·; Best ever Hot Metal production of 2.464 million tonnes in a quarter (Previous best 2.458 million tonnes in Q4 FY'13).

·; LD#3 achieved its best ever quarterly production of 0.472 million tonnes (Previous best 0.454 million tonnes in Q4 FY'13).

·; Best ever TSCR production 0f 0.457 million tonnes in a quarter (Previous best 0.441 million tonnes in Q4 FY'13).

·; CRM achieved its best ever quarterly production of 0.416 million tonnes (Previous best 0.411 million tonnes in Q1 FY'11).

·; New Bar Mill achieved its best ever quarterly production of 0.221 million tonnes (Previous best 0.209 million tonnes in Q4 FY'13).

·; Merchant Mill achieved its best ever quarterly production of 0.107 million tonnes for the second consecutive quarter continuously (Previous best 0.104 million tonnes in Q3 FY'13).

Other Highlights

·; Tata Steel received Tata Affirmative Action Program (TAAP) Jury's Award for FY'13 by achieving 60 + Scores in Tata Affirmative Action Programme.

·; Tata Steel was conferred the NDTV Profit Business Leadership Awards'13 in the 'Metals Category.

About Tata Steel

Established in 1907 as Asia's first integrated private sector steel company, Tata Steel Group is among the top-ten global steel companies with an annual crude steel capacity of over 29 million tonnes per annum (mtpa). It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 24.82 billion in FY 13, has over 80,000 employees across five continents and is a Fortune 500 company. The Group's vision is to be the world's steel industry benchmark in "Value Creation" and "Corporate Citizenship" through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. In 2008, Tata Steel India became the first integrated steel plant in the world, outside Japan, to be awarded the Deming Application Prize 2008 for excellence in Total Quality Management. In 2012, Tata Steel became the first integrated steel company in the world to win the Deming Grand Prize 2012 instituted by the Japanese Union of Scientists and Engineers.

Head, Corporate Affairs & Communications

Tata Steel