Tata Steel Ltd. Share Price

Draft National Steel Policy 2047 Overview

India has rolled out a draft National Steel Policy targeting a near-threefold expansion of crude steelmaking capacity to 604 million tonnes by 2047, up from approximately 220 million tonnes currently. Driven by sustained economic expansion and rising demand in infrastructure, housing, transportation, renewable energy, and emerging manufacturing, per capita steel consumption is projected to grow from 116 kg to 302 kg. The policy shifts the sector's focus from capacity expansion to value creation, technology indigenization, and export growth—aiming to reach 45 million tonnes of annual steel exports over the next two decades. To align with India's net-zero roadmap, the Ministry of Steel plans to reduce carbon emission intensity from 2.54 tCO₂/tcs to 1.54 tCO₂/tcs by accelerating scrap utilization, hydrogen-based direct reduced iron, biochar adoption, coal gasification, and carbon capture technologies. To optimize industrial logistics, PM Gati Shakti will be leveraged to map raw material locations against key steel consumption centers. Under this framework, rail transport shares for iron ore and finished steel will rise to 49% and 62% respectively, while slurry pipeline capacity is projected to surpass 299 million tonnes annually by 2047. The draft framework also places strong emphasis on curbing sub-standard steel imports, expanding high-value steel production, modernizing MSME steel units, and deploying AI and automation across operations. To secure critical raw materials and technology, India is leveraging MoUs with key international partners—including Russia, Japan, South Korea, Brazil, and Indonesia—to pursue long-term offtake deals, foreign mining asset acquisitions, beneficiation facilities, and strategic joint ventures.

PRE MARKET--> AI STOCK CRASH / CAS / NIFTY & BANKNIFTY

PRE-MARKET REPORT | 16 OCTOBER 2026 Crude Near $105, Global AI Sell-Off, Metals Under Pressure; SEBI CAS Relief in Focus Market View: Cautiously Positive Opening | High Volatility | Stock-Specific Opportunities Indian markets are heading into Friday’s session with mixed global signals. GIFT Nifty indicates a positive opening after Thursday’s strong rally, but elevated crude oil prices and persistent FII selling remain key risks. --->GLOBAL CUES: AI SELL-OFF, BUT MARKETS SHOW SIGNS OF STABILISATION GIFT Nifty: Around 23,100 in early trade, indicating a potentially positive start. US markets: The Dow Jones and S&P 500 recovered on Thursday, while the Nasdaq remained relatively weak amid technology-sector concerns. Asian markets: Technology and semiconductor stocks faced sharp selling earlier in the week, although markets showed signs of recovery on Friday morning. -->BANK NIFTY: 56,550 IS THE KEY SUPPORT Important support: 56,550 --->Indian IT services companies have a different business model from chipmakers and AI infrastructure companies. This creates the possibility of relative sector rotation, although it does not guarantee that IT stocks will rise. Stocks to watch TCS Infosys HCLTech

Tata Steel: Next Earnings May Be Margins, Not Just Demand

Tata Steel featured in corporate-announcement updates on October 15, including developments relating to a scheme of amalgamation involving Rujuvalika Investments Limited. While the announcement is a corporate development, the core investment case for Tata Steel still depends heavily on steel prices, demand and production costs. Here is what I would track: 1. Steel realisations: Selling prices influence revenue and profitability per tonne. 2. Raw material costs: Iron ore, coking coal and energy costs can materially affect margins. 3. Domestic demand: Infrastructure, construction and manufacturing activity influence steel consumption. 4. Global competition: Imports and international steel prices can affect domestic pricing power. My view Corporate restructuring announcements should be assessed separately from operating performance. For a steel producer, sustainable margins and cash generation are central to the long-term investment case. I would look for improvement in operating margins and clearer earnings visibility before taking a stronger directional view.

Can India's new steel policy create a long-term opportunity

India has released a draft National Steel Policy Vision 2047 that aims to expand the country's crude steel capacity to 604 million tonnes by 2047, compared with approximately 220 million tonnes currently. Tata Steel Limited

India's steel expansion plans create a long-term opportunity

The government has released a draft National Steel Policy 2047 for stakeholder consultation, putting India's long-term steel production ambitions back in focus. The draft proposes increasing India's crude steel production capacity to 604 million tonnes and per-capita steel consumption to 302 kg by 2047. For Tata Steel Ltd, this creates an important long-term industry context. India's infrastructure development, urbanisation, railways, housing and manufacturing requirements could support steel demand over the coming decades. If demand grows sustainably, established producers may benefit from higher volumes and improved capacity utilisation. But higher national capacity targets do not automatically translate into higher profits for every steel company. The industry will need substantial capital investment. Returns will depend on steel prices, raw-material availability, import competition, energy costs and the ability to expand production efficiently. There is also an environmental challenge. Steelmaking is energy-intensive, so investment in cleaner production technologies and lower-carbon processes will become increasingly important. For Tata Steel, I would monitor four factors: 1. Capacity expansion:How efficiently can the company increase production? 2. Steel spreads:Can selling prices stay comfortably above raw-material and conversion costs? 3. Capital expenditure:** Will expansion generate adequate returns without putting excessive pressure on debt? 4. Green steel: How effectively can the company reduce emissions while remaining competitive? view: The draft policy provides a positive long-term demand framework for India's steel industry, but it is not an immediate earnings trigger for Tata Steel. Near-term performance will continue to depend on steel prices, margins, demand and execution.

Tata Steel Leads Early Gains; Sensex Pares Rally

Markets opened higher today, with the Sensex up about 300 points at roughly 72,770-72,800 against Friday’s close of 72,472.33. The Nifty opened above 22,590, ahead of Friday’s close of 22,520.45. Easing crude (Brent down about 1.45% to around $103) and a sharp rupee rally helped the open. The gains didn’t hold, though. By 10 AM the Sensex was about 600 points off its day’s high and the Nifty was back near 22,500, as IT, FMCG and bank stocks weighed, with PSU banks a drag.