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India: Domestic steel outlook firm amid concern of global steel ...
Tue, 10 May 2022 00:00:00 GMT
The Indian steel sector outlook, on the back of strong domestic demand from government and private sectors, is likely to remain firm amid concern of global demand uncertainties in the current fiscal. Tata Steel expects that demand and prices will remain strong as China will no longer be adding 50-60 million tonnes to its capacity annually and that country may not export significantly higher quantities to disrupt steel prices globally. However, India Ratings and Research (Ind-Ra) has

Tata prefers growing organically over acquisitions this decade
Tue, 10 May 2022 00:00:00 GMT
Tata Steel aims to expand the capacity through organic growth at its existing facilities to grow its steel production capacity to 40-50 million tonnes/year through 2030, from the existing 20m t/y, it says. It doesn't need to acquire new assets to reach its production goals, Kallanish notes. Most of our growth in the last

Tata Steel closes Russian business ties
Thu, 21 Apr 2022 00:00:00 GMT
Tata Steel has decided to stop doing business with Russia amid the Russian military invasion of Ukraine, making it the first global steel company to cut ties with Russia for invading Ukraine,Kallanishnotes. Tata Steel does not have any operations or employees in Russia, Tata Steel informs in a press release. We have taken a

India's Tata Steel to stop doing business with Russia
Wed, 20 Apr 2022 00:00:00 GMT
Tata Steel does not have any operations or employees in Russia. We have taken a conscious decision to stop doing business with Russia, Tata Steel said in a

Stock recommendations: Buy Steel Authority of India, target price ...
Wed, 13 Apr 2022 00:00:00 GMT
Indian steel firms are likely to benefit because of the demand-supply disruptions caused by the Russia-Ukraine war. The major beneficiary seems to be Tata Steel as it has a global presence; 51% of revenue comes from international operations and 49% from

UK-made steel spans wind turbine blade factory expansion
Thu, 31 Mar 2022 11:35:14 GMT
Tata Steel, the UKs largest steelmaker, has supplied more than 1,500 tonnes of high-strength steel to help create a vast new extension

Select steel stocks rise on prospects of more price hikes, tight ...
Tue, 29 Mar 2022 00:00:00 GMT
Shares of select steelmakers were in the green on March 28 on prospects of further price hikes in the coming months. At 10:00 am, shares of Ratnamani Metals, Tata Steel, and JSW Steel were up 0.2-1 percent on the National Stock Exchange. The sector got a fillip after brokerage Phillip Capital in a note said that JSW Steel has raised price of Hardness Rockwell C grade steel prices by Rs 2,000 per tonne on March 25 after raising prices by Rs 1,500 per tonne earlier in the month. The successive

Europe's steel production depends on decarbonisation: Tata Steel
Fri, 18 Feb 2022 00:00:00 GMT
Decarbonisation, high energy costs and the challenge of improving existing supply chains are the major obstacles for the steel industry today, Tata Steel Europe chief executive Henrik Adam said during the annual Zukunft Stahl conference at Thursday. The event, organised by business dailyHandelsblattin Dsseldorf, was monitored byKallanish. Europes steel production will more and more

Tata Steel focuses on increasing iron ore production to 45 mtpa ...
Mon, 29 Nov 2021 00:00:00 GMT
Tata Steel will focus on augmenting iron ore production from 30 million tonne per annum to 45 mtpa in the next five years, a company official said on Saturday. The total iron ore production from the steelmakers captive mines in Noamundi in Jharkhand and in Katamati, Joda and Khondbond blocks in Odisha, is about 30 mtpa, he said. In the next five years, we will focus on increasing iron ore production capacity to 45 mtpa in line with the expansion in the steel making facilities in the

Let's talk about the future 2021
Mon, 25 Oct 2021 00:00:00 GMT
The 2021 event organized the 21 October by Tata Steel discussed the developments in steel markets during 2021 and what the implications might be in industry sectors. Experts highlighted the challenges and opportunities these recent market developments provide for the industry: In steel and its markets, what have been the biggest learnings from 2021 What

S&P upgrades credit ratings of Tata Steel
Thu, 21 Oct 2021 00:00:00 GMT
The stable outlook by S&P reflects an expectation that Tata Steel will continue deleveraging to improve its resilience to downturns over the next 12-18

Tata Steel commissions steel recycling plant in Haryana
Wed, 18 Aug 2021 00:00:00 GMT
Steel Scrap is a valuable resource and an important future Raw Material for steel making. Recycling scrap ensures the closure of the Circular Economy loop, Yogesh Bedi, Chief Steel Recycling Business, Tata Steel

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