Blast at India’s Tata Steel coke plant injures three contract workers

Mining News Pro - India’s Tata Steel said three contract workers had been injured in a blast at one of its coke plant units in the eastern state of Jharkhand on Saturday.

Tata Steel to consider proposal to split equity shares on May 3

Mining News Pro - The board of Tata Steel Ltd will, on May 3, consider a proposal to split the stock and also recommend a dividend, the Indian steelmaker said in a statement on Sunday.

Tata Steel tests coking coal samples from Russia for producing steel

Mining News Pro - The development assumes significance in the domestic steel industry as a fruitful result of the experiment would break the monopoly of Australia in coking coal supply to India.

Tata Steel to Cut Capex for FY20, Simplify Corporate Structure

Mining News Pro - Tata Steel will be recalibrating its capital expenditure for the current financial year from INR 12,000 crore to INR 8,000 crore, the company’s CEO & Managing Director, T.V. Narendran, told mediapersons on the sidelines of the launch of its steel retail store ‘steeljunction’ in a new avatar, in Kolkata on Saturday. He further said Tata Steel was in the process of simplifying its corporate structure and that the company was looking at creating a downstream company for many of its downstream assets.

European Commission rejects Joint Venture between Tata Steel and Thyssenkrupp

Mining News Pro - Tata Steel Europe and Thyssenkrupp AG, a German multinational had signed an equal joint venture agreement in June last year to combine their steel business which had made it the region’s second-biggest steelmaker, first being ArcelorMittal.

India: Tata Steel Production Up 3%; Sales Climb 7% in Q2 FY19

Mining News Pro - Tata Steel- one of India’s major steel maker has registered growth of 3% Q-o-Q basis in its its standalone crude steel output to 3.27 MnT in Q2 FY19 as compared to 3.18 MnT in Q1 FY19.

How does Tata Steel`s Overseas Units Performed in Q2 FY19?

Mining News Pro - Indian steel major, Tata Steel has released its provisional crude steel and sales numbers and while the company`s India performance has improved, its Europe and South East Asia operations have recorded a drop y-o-y basis in their crude steel and sales output in Q2 FY19.

Tata Steel Renames Bhushan Steel as Tata Steel BSL Limited

Mining News Pro - Tata Steel has decided to rechristen its recently acquired asset, Bhushan Steel as ‘Tata Steel BSL Limited’.

India: Tata Steel to Acquire Usha Martin’s Steel Business

Mining News Pro - India’s steel major, Tata Steel today announced its decision to acquire of Usha Martin’s steel business for INR 4,300 – 4,700 crore and as per the latest market reports the deal is expected to be completed in 6-9 months.

Tata Steel Announces New Technology that can Reduce Carbon Emissions by 50 Percent - SteelVia

Mining News Pro - The latest technology developed at Tata Steel Europe`s Ijmuiden site in the Netherlands promises to reduce carbon emissions like never before

JSW, Tata Steel, and Liberty House in Race to Acquire Usha Martin’s Steel Unit

Mining News Pro - According to latest reports, JSW, Tata Steel and UK based Liberty House have emerged as the top contenders for Usha Martin`s (UM) steel business, extending their rivalry over Indian stressed assets witnessed in the last six months. Currently, the companies are carrying out due diligence for the steel unit and price bids are expected to be called by the end of this month.

Tata Steel expands Europe steel market by increasing ThyssenKrupp joint venture’s shareholding

Mining News Agency -Tata Steel considered holding the majority of merger with ThyssenKrupp’s shareholdings, and it would achieve a sharpening of the steel business in Europe.

Tata Steel to expand European business through merger with ThyssenKrupp

Mining News Agency -According to the statistic, Tata Steel`s crude steel capacity of 3.27 million tons in India, while the capacity of 2.67 million tons in Europe.

Why Tata Steel wants to expand capacity at its iron ore mines

Mining News Agency - Tata Steel is waiting for a permit from Odisha’s state pollution control board to expand capacity at its Khandabandh iron ore mines in eastern India from 1 million tonnes per annum to 5 million tonnes per annum. This is according to a report by the Business Standard, which also says that Tata is planning to send all the product from its captive mines at Joda East and Noamundi to its Kalinganagar plant.

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