Tata Steel
Latest News
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.
Brexit Leaves Fate of Tata Steel U.K. All the More Uncertain
27 June 2016 - The United Kingdom’s vote to secede from the European Union will complicate Tata Steel's efforts to sell its U.K. strip business and may, in fact, give the company more of a reason to hold on to the business, according to reports.
Tata Steel Might Break Up U.K. Business
20 June 2016 - Tata Steel announced in March that it would look to exit the United Kingdom and sell its strip business there, saying that it no longer saw a profitable future for the operation. Later, though, reports emerged that it may hold onto the business after all.
Report: Tata Pushes Back Decision on Sale of U.K. Business
09 June 2016 - Tata Steel apparently is going to give itself more time to consider the fate of its struggling U.K. business, extending the timeline for naming a preferred bidder for the operation, reports the (London) Financial Times.
Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving
03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.
New Cooling Stack On Order for Pilot Process Plant
24 May 2016 - A German plant engineering firm is building a new and larger gas cooling section for the Hlsarna steelmaking process pilot plant in the Netherlands, the company has announced.
Tata Sets its Eye on Seven Bids -- Maybe More -- for U.K. Business
11 May 2016 - Seven preliminary offers for Tata Steel’s U.K. business have passed an initial review and will receive further consideration from the company. And it may add others to the list, Tata has announced.
Two Teams Vying for Tata Steel's U.K. Business
09 May 2016 - The deadline to submit preliminary offers for Tata Steel's U.K. division has passed, and details of the two investment teams looking to buy the operation have emerged.
Metals Trader Completes Acquisition of Scottish Plate Mills
28 April 2016 - Metals trading firm Liberty House has closed on its acquisition of two Tata Steel plate mills in Scotland, the firm has announced.
