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Tata Steel shares: Should you buy the metal stock after surprise ...
Wed, 08 Feb 2023 00:00:00 GMT
Tata Steel Ltd posted a net loss of 2,224 crore at the consolidated level in the December 2022 quarter, hurt by a sharp fall in global steel prices and lower demand amid fears of a likely economic slowdown. The steel production companys revenue from operations declined 6% to 57,083 crore for the period under review as as compared to 60,783 crore in the year-ago period. Recession concerns weighed on steel prices, which coupled with elevated energy costs affected our performance while


Indias Tata Steel reports Q3 loss as soft demand weighs
Wed, 08 Feb 2023 00:00:00 GMT
Indias Tata Steel on Monday reported a quarterly loss from a profit a year ago, hurt by a sharp fall in global steel prices and lower demand amid fears of a likely economic slowdown. The steelmakers consolidated loss was at 25.02 billion Indian rupees ($302.71 million) for the three months to Dec. 31, against a profit of 95.98 billion rupees a year earlier. Total revenue from operations fell 6.1% to 570.84 billion rupees. Recession concerns weighed on steel prices, which coupled with


The chemistry behind mild carbon steel GMAW electrodes
Wed, 25 Jan 2023 07:00:00 GMT
Cost and productivity may come down to whether or not a welder understands the chemistry behind mild carbon steel GMAW


Tata Steel 'studying' UK government support package
Mon, 23 Jan 2023 00:00:00 GMT
According to 'The Financial Times - ', Tata Steel - which owns the UK's largest Port Talbot steelworks in Wales - is set to receive around 300-pound million to introduce green furnaces at its UK


Laser-based system focuses tube weld inspection on data
Sat, 21 Jan 2023 09:16:00 GMT
It didn't take long for Xiris Automations WI-2200 laser-based welding inspection system to make believers of even the veterans at Tata Steels Tubes Netherlands


Jefferies turns 'positive' on Indian metals on easing Covid curbs ...
Tue, 03 Jan 2023 00:00:00 GMT
The change in stance comes after almost a year of cautionary view. The Nifty Metal index advanced over 2 per cent while shares of Tata Steel surged


UK needs 10 mil mt of steel by 2030 to achieve energy self-sufficiency: ...
Fri, 30 Dec 2022 00:00:00 GMT
The UK will need more than 10 million mt of steel over the remainder of the decade to achieve its energy self-sufficiency plans, Tata Steel UK said in a statement Dec. 29. The company, the UKs largest steel producer, said new research it has carried out shows that more than 5 million mt of


Tata Steel will continue to invest in Odisha: CEO Narendran
Thu, 01 Dec 2022 00:00:00 GMT
The Tata group of companies, and more specifically Tata Steel, has invested over Rs 75,000 crore in Odisha in the last five years. We will continue to invest to support the growth in Odisha, the official


Tata Steel Ijmuiden reaches new CO2 efficiency milestone
Fri, 25 Nov 2022 00:00:00 GMT
Tata Steel says its Dutch integrated plant located in Ijmuiden has been ranked third in the 2022 CO2 intensity benchmark calculated by the World Steel Association. The full list of the benchmark ranking has not been published officially yet by the organisation, but Tata Steel issued a statement to underline the new milestone reached


Tata Steel technology cuts coke consumption, CO2 emissions
Tue, 22 Nov 2022 00:00:00 GMT
Tata Steel has installed Topscan technology at its two Port Talbot blast furnaces that will reduce the amount of coke required in the furnaces as well as CO2 emissions by at least 50,000 tonnes/year. The technology captures 1,000 data points every ten seconds, giving Tata Steel technicians an uninterrupted 3D view of the material


Tata Steel installs digital scanning technology at Port Talbot ...
Mon, 21 Nov 2022 00:00:00 GMT
Tata Steel, the largest steelmaker in the UK, is installing digital scanning technology at its no. 5 blast furnace at Port Talbot in South Wales to reduce the amount of coke used in the furnace, assisting decarbonization. Similar technology was installed at the works no. 4 blast furnace in 2021. The 3D scan technology,


Tata Steel gets its first client for 'green' metal
Fri, 28 Oct 2022 00:00:00 GMT
The agreement makes Ford the first customer committed to offtake the green steel that Tata Steel plans to produce via the hydrogen route, which is more sustainable and cleaner than the current steel-making



Number of Tata Steel business news reports: 12
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