Tata Steel falls 2% as overseas volumes remain weak

Tata Steel shares declined around 2% on Thursday despite its India crude steel production rising 10.1% YoY to 6.21 million tonnes in Q2 FY27. Domestic deliveries increased 7.5% to 5.97 million tonnes. However, production and deliveries in the Netherlands and Thailand remained below year-ago levels, while UK deliveries also declined.