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Tata Steel Europe
Latest News
Despite Uncertain Times, There's Still a Place for Port Talbot Works, Tata Steel Executive Says
03 January 2019 - Tata Steel Europe head Hans Fischer said he believes there is a future for the United Kingdom’s largest steel works, even after the country leaves the European Union, but cautioned that more work is needed to turn around the integrated facility.
European Regulators Taking a Closer Look at Tata-thyssenkrupp Deal
30 October 2018 - The European Commission has opened an in-depth assessment of thyssenkrupp and Tata Steel Europe’s planned joint venture.
Tata Steel Works Starts Up New Cooling System
24 August 2018 - Tata Steel Europe’s Port Talbot facility in Wales expects to gain 150,000 metric tons of annual capacity from new equipment installed on the hot strip mill, according to an announcement from Primetals Technologies.
Tata, thyssenkrupp Shake Hands on European Joint Venture
02 July 2018 - After more than two years of negotiations, India’s Tata Steel and Germany’s thyssenkrupp have agreed to combine their European steel business through a 50-50 joint venture.
Tata Steel Modernizes Continuous Annealing Line
21 June 2018 - The No. 12 continuous annealing line at Tata Steel Packaging in IJmuiden, Netherlands, has been restarted following upgrades to its automation system and electrics, according to the equipment supplier on the project.
Report: thyssenkrupp Takes Another Look at Tata Steel Europe Deal
13 June 2018 - Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.
Tata Steel Europe Employees Not Sold on Potential thyssenkrupp Joint Venture
12 June 2018 - Tata Steel’s European works council has raised new doubts over the combination of the steelmaker’s European strip business with thyssenkrupp’s steel division, making it less likely that a deal will come to fruition by the end of the month, reports the Reuters news service.
thyssenkrupp-Tata Tie-Up on Track for June Signing
15 May 2018 - Germany’s thyssenkrupp expects to sign the agreement to merge its steel division with Tata Steel’s European strip business by the end of June, reports S&P Global Platts.
Tata Steel Europe Puts Non-Core Businesses Up for Sale
09 May 2018 - Tata Steel Europe said it will look to divest five niche businesses so that it can focus its efforts on its strip steel operations.
Labor Talks Delay thyssenkrupp, Tata Steel Tie-Up
12 April 2018 - Ongoing labor negotiations between Tata Steel and its workers in the United Kingdom and the Netherlands are delaying its planned joint venture with Germany’s thyssenkrupp, reports the Reuters news service.
thyssenkrupp, Union Reach Deal on Steel Joint Venture
26 December 2017 - Germany’s thyssenkrupp AG has come to terms on a labor agreement with its union workforce, a critical step toward finalizing the joint venture combination of its steelmaking business with Tata Steel Ltd.'s European operations.
Tata Executive: Spinoff of Merged European Business Will Be Later, Not Sooner
16 October 2017 - An anticipated spinoff of Tata Steel and thyssenkrupp’s European joint venture won’t happen for another two to three years, reports the Reuters news service.
Official: Despite Opposition, Deal Between thyssenkrupp Management, Labor Over Tata Merger Is Attainable
04 October 2017 - The premier of thyssenkrupp’s home state, North Rhine-Westphalia in Germany, said he believes a deal between the company and its union employees could be reached over the proposed combination of its steel unit with Tata Steel, according to the Reuters news service.
Report: In Tata-thyssenkrupp Combination, the Hammer Might Fall Hard on Port Talbot Works
02 October 2017 - As Tata Steel moves to combine its European strip operations with Germany’s thyssenkrupp, Tata’s integrated Port Talbot Works is likely to bear the brunt of cost reductions through the merger and in the event of an industry downturn, reports the Reuters news service.
Tata, thyssenkrupp Set Framework for Combining Steel Operations
20 September 2017 - Tata Steel and thyssenkrupp have signed a preliminary agreement to combine their European steel operations, creating a 50-50 joint venture that would be Europe’s second-largest steelmaker behind ArcelorMittal.
A Tata-thyseenkrupp Deal May – or May Not – Be Close
14 September 2017 - Now that Tata Steel has finalized the divorce between its European business and the legacy British Steel Pension Scheme, a deal to combine the operation with thyssenkrupp’s steel division may be close, according to the Reuters news service.
German Official Tells thyssenkrupp to Consider Alternatives to Tata Steel Combination
25 August 2017 - Sigmar Gabriel, Germany’s Minister for Foreign Affairs, thinks thyssenkrupp ought to abandon plans to merge its steel division with Tata Steel’s European steel operations.
Tata Hires Danieli to Upgrade Galv Line
14 August 2017 - Danieli has won a contract to upgrade a hot-dipped galvanizing line at Tata Steel Europe’s IJmuiden plant in the Netherlands, the company has announced.
Tata Steel Reportedly Preparing to Announce Deal on U.K. Pension Plan
09 August 2017 - Tata Steel and U.K. officials are hoping to announce on Friday that they’ve reached a deal to separate Tata Steel from its legacy British Steel pension fund, a move that would potentially allow the company to combine its European strip business with thyssenkrupp AG's steel division.
Tata Chairman Says Corus Acquisition Made Sense at the Time
08 August 2017 - Tata Sons chairman Natarajan Chandrasekaran defended his company’s decade-old acquisition of former Anglo-Dutch steelmaker Corus, saying that the deal was a reasonable one to make at the time, hindsight notwithstanding.
