Tata Steel UK annual revenue 2015-2023

As of 2023, Tata Steel UK Ltd. generated some 3.13 billion British pounds in revenue, almost the same as the previous year. Until 2021, the revenue figures mainly decreased, with the exception of 2018 and 2019, before soaring to 3.12 in 2022.

Tata Steel is a multinational corporation headquartered in Mubai, India that also operates in Europe under the name Tata Steel Europe. The company operates in Europe through two branches, Tata Steel Netherlands and Tata Steel UK.

World’s largest steel producers

In 2022, the world’s largest steel producer was China Baowu Group, with a production level of 131.84 million metric tons of crude steel. This output made Baowu Group by far the biggest steel company compared to the others. The Luxembourg-based ArcelorMittal was the second-largest company that year. However, its production level was almost 63 million metric tons less than the Baowu Group. Moreover, another Chinese company Ansteel ranked third on the list as of 2022, with 55.65 million metric tons of production.