Steel News

Tata Steel Acquires Iron Ore Processor

27 December 2016 - Tata Steel has an agreement to acquire an iron ore pellet maker that will its new Kalinganagar works in the Indian state of Odisha.

Tata UK Finds a Buyer for its Specialty Steel Business

29 November 2016 - Tata Steel Ltd. has a preliminary deal to sell its U.K.-based specialty steel business to Sanjeev Gupta’s Liberty House Group, the company has announced.

Tata Disputes Former Chairman's Charge That Company Paid Too Much for Corus

23 November 2016 - A month after Cyrus Mistry was ousted as chairman of Indian conglomerate Tata Group’s holding company, the war of words between Mistry and the company is continuing.

Report: Tata Might Retain U.K. Steel Business

04 November 2016 - The Tata Group is to decide the fate of its U.K. steel business within the next four weeks, but is leaning toward retaining the operation, reports The Guardian newspaper.

Tata Steel Continues to Negotiate Joint Venture Partnership for U.K. Strip Business

28 October 2016 - The ouster of Cyrus Mistry as chairman of Tata Group's holding company has renewed questions over the fate of Tata Steel's European arm. Nevertheless, the company is continuing to pursue a merger of its U.K strip business and a separate sale of its specialty steel business there, the company said on Friday.

Tata's Change in Leadership Throws European Steel Merger Into Question

25 October 2016 - Cyrus Mistry’s ouster as chairman of Tata Sons Ltd. might disrupt the conglomerate’s effort to merge its U.K. strip business with thyssenkrupp’s European steel operations, according to the Bloomberg news service.

Tata Group Dumps Chairman, Launches Search for Successor

24 October 2016 - In a surprise move, Indian conglomerate Tata Group ousted its chairman on Monday and named a member of Tata's founding family to temporarily succeed him.

Jamshedpur 'One of the World's Most Enduring Company Towns'

24 October 2016 - In India’s Steel City, Jamshedpur, Tata Steel and its Jamshedpur Works isn’t simply an employer. It’s a way of life.

Tata Steel Opens Pension Talks with Labor Representatives

26 September 2016 - Tata Steel executives are meeting with labor leaders at its U.K. steel works as the steelmaker looks for an agreement on changes to its pension plan, according to reports.

Coil Exports Begin Shipping From New Tata Steel Works

16 September 2016 - Tata Steel’s new Kalinganagar works has reached another milestone as ramps up operations, shipping its first hot-rolled coils for the export market.

Tata Steel Records First-Quarter Loss

12 September 2016 - Tata Steel lost US$475 million in the first quarter of its fiscal year, weighed down by a steep loss on its discontinued European long products business, which it sold earlier this year, the (London) Financial Times.

thyssenkrupp Engages Labor on European Steel Restructuring

01 September 2016 - thyssenkrupp and labor representatives have agreed to establish a task force that is to discuss, among other things, whether the company needs to merge steelmaking operations with others, according to the Reuters.

Workers Protest Potential Merger of thyssenkrupp, Tata European Operations

31 August 2016 - Steel workers at Germany’s thyssenkrupp staged a rally on Wednesday to protest the potential merger of the company’s European steel division with Tata Steel’s European unit, reports the Reuters news service.

Billions of Rupees Committed to a New Mill, Plans for Another Set Aside

26 August 2016 - India’s JSW Steel plans to commit the equivalent of US$7.5 billion to build a large steel works in the state of Odisha, reports the Business Standard newspaper.

Tata Steel Initiates Exports of New Iron Product

24 August 2016 - Tata Steel said its new Kalinganagar steel works in India shipped its first export batch of an alternative iron product called Tata Ferroshots.

New Steelworks Reaches 100,000 Metric Tons of Monthly Production

19 August 2016 - Tata Steel managing director T.V. Narendran said the company’s Kalinganagar steel works produced 100,000 metric tons of steel in July as the company continues to ramp up production at the new facility.

No Guarantees That Port Talbot Works Will Be Saved, Says Tata Executive

11 July 2016 - Tata Steel cannot guarantee that the U.K.’s largest steelmaking facility has a future ahead of it, even if it is able to sign a joint venture agreement for its strip business, reports The Guardian newspaper.

Tata, thyssenkrupp Discussing Joint Venture for European Strip Businesses

08 July 2016 - Tata Steel has suspended the sale of its U.K. business and is now thinking about putting its strip operation into a joint a venture with other steelmakers, including Germany’s thyssenkrupp AG, Tata announced on Friday.

In India, A New Steel Mill Comes to Life

06 July 2016 - Steelmaking facilities at Tata Steel’s new integrated mill in India have been successfully commissioned, according to machine and mill builder SMS group.

'Brexit' Puts the Brakes on Sale of Port Talbot Works

05 July 2016 - The uncertainty arising from the U.K.’s Brexit vote is prompting Tata Steel to pause the sale of its Port Talbot works, reports The (London) Sunday Times.