Tata Steel - latest news headlines & business reports.

Tata Steel News

Tata Steel Netherlands to lift force majeure on CRC deliveries
Fri, 09 Jun 2023 00:00:00 GMT
Tata Steel Netherlands plans to remove the force majeure declaration it invoked on cold-rolled coil deliveries in late February, the company announced on Thursday June 8. The force majeure, which was declared on February 24 following disruptions during an upgrade of cold-rolling mill 21 at the companys Ijmuiden steelworks, will be lifted on June 12. The disruption


Sequential demand improvement lifts Tata's March-quarter European ...
Tue, 11 Apr 2023 00:00:00 GMT
Tata Steel Europe saw March-quarter deliveries rise 7% on-quarter to 2.13 million tonnes, thanks to the improving demand environment. However, product mix has been affected by the ongoing upgrade at the CM21 cold rolling mill. The relining of blast furnace no.6 at IJmuiden has started on schedule. Compared to the year-earlier quarter, however, deliveries


Shortages unclear despite outages, say EU coil sources
Mon, 10 Apr 2023 00:00:00 GMT
Northwest European coil market observers diverge over whether the supply disturbances at ArcelorMittal Spain and France, as well as Tata Steels IJmuiden works will necessarily mean shortages. Concerns are mainly being expressed from buyers of domestic qualities that cannot easily be replaced by imports. The lead times of mills will be stretching, and prices


New warehouse improves Tata Corby works' stocking efficiency
Fri, 07 Apr 2023 00:00:00 GMT
Tata Steel UKs Corby works new 20,000 tonnes/year of tube capacity warehouse has reduced steel movements, and improved service quality and workplace safety, the firm says. The new 4 million ($5m) warehouse is part of a wider site re-configuration programme called Project Aurora, which also involves the installation of a new combination tube mill


UK govt offers to sweeten package for Tata Steel UK
Thu, 06 Apr 2023 00:00:00 GMT
Tata Steel has been requesting fiscal aid from the UK government and has conveyed its stance to the UK that it cannot move forward with its British growth plan based on the government's previous offer. The steelmaker is seeking half of the capital costs pegged at 1-2 billion from the UK government as it doesn't see the business justifying such a large


HRC buyers in Europe refrain from trading, prices mainly flat
Tue, 04 Apr 2023 00:00:00 GMT
The trading lull in the European hot-rolled coil market continued on Monday April 3, with buyers avoiding big purchases and producers maintaining high offers, citing good order books and reduced supply, Fastmarkets heard.Recent production disruptions at ArcelorMittal sites in Spain and France, along with scheduled maintenance at Tata Steel IJmuiden and ArcelorMittal Dabrowa Gornicza


European market expects coil supply disruption in April
Mon, 03 Apr 2023 00:00:00 GMT
Strong supply chain disruptions are expected in April and May throughout the European coil complex due to the fires hitting ArcelorMittal in Spain and France, and the Tata Steel force majeure at Ijmuiden in late February, sources tell Kallanish. This, coupled with significantly reduced coil production at Acciaierie dItalia, one of the largest steel


Union criticises UK budget lack of steel support
Wed, 22 Mar 2023 00:00:00 GMT
The Unite Union has expressed its disappointment over the recent UK budget announcement not containing more support for the steel industry, calling on Prime Minister Rishi Sunak to ensure the sectors competitiveness. This comes as reports circulated of Tata Steel UK potentially closing a blast furnace at Port Talbot in July. Last July, Tata


Market view diverges over effect of Ijmuiden outage
Thu, 16 Mar 2023 00:00:00 GMT
Not quite two weeks ago, Tata Nederland declared force majeure over the malfunction of a cold-rolling mill at Ijmuiden that has failed to run up properly. The announcement has of course raised concern in the coil market over potential supply shortages. But not across the board. I do not see it causing any shortage,


Northwest European HRC prices up; some mills withdraw offers
Mon, 06 Mar 2023 00:00:00 GMT
Domestic prices for hot-rolled coil in Northwest Europe increased March 3, supported by limited availability from both domestic and overseas suppliers. Some steelmakers have withdrawn offers from the market and were expected to return with higher offers at the start of next week, sources said. ArcelorMittal and Tata Steel have withdrawn offers on Thursday,


Tata Steel Mining signs MoU with GAIL to get clean fuel
Fri, 03 Mar 2023 00:00:00 GMT
Signing the MoU, Tata Steel Mining MD Pankaj Satija said, As a responsible mining company, we are committed to protect the environment by using cleaner fuels and signing of the MoU with GAIL (India) Limited will further help us in this


Tata Steel Nederland to supply low carbon steel from 2023
Wed, 01 Mar 2023 00:00:00 GMT
Tata Steel Nederland has reached agreements to supply its low carbon product Zeremis Carbon Lite to a number of steel-processing companies, it said Feb. 28. The steelmaker has signed agreements with sustainable steel belt and tube producer Wuppermann, shock absorbers and suspension system manufacturer BILSTEIN, German steel distributor EMW Stahl Service and southern European



Number of Tata Steel business news reports: 12
Subscribers get access to full set of news releases (up to 20 reports).
Click here to subscribe.