Tata Steel Signs Contract with Tenova for Electric Arc Furnace in UK
The steel manufacturer plans to decarbonize its sites by constructing an electric arc furnace to produce steel from scrap. The project, expected to last three to four years, will cost EUR 1.25 billion, with EUR 500 million funded by the British government. Oct 21, 2024 Tata Steel signed a contract with Italy-based Tenova, a sustainable […]
Mr. T.V. Narendran Elected as the Chairman of World Steel Association
Mr. T.V. Narendran, CEO & MD of Tata Steel has been elected as the Chair of the World Steel Association. Oct 17, 2024 The World Steel Association (worldsteel) has elected Mr. Thachat Viswanath Narendran, MD & CEO of Tata Steel. He became the second Indian followed by Mr. Sajjan Jindal, Group Chairman of JSW, to […]
Tata Steel & Welspun Corp Develop ERW Pipes for Hydrogen Transportation
Tata Steel and Welspun Corp have achieved a significant milestone by developing Hydrogen compliant API X65 grade pipes, which successfully surpassed all necessary service and fracture qualification tests for transportation of 100 percent pure gaseous Hydrogen under high pressure. Aug 6, 2024 Tata Steel and Welspun Corp have become the first Indian companies to produce Electric […]
Tata Steel India’s Production Rises by 5% in Q2
Tata Steel commissioned the country’s largest blast furnace in Kalinganagar in September, positioning the company to boost its total domestic steel production capacity to 26.6 million tonnes annually. Oct 10, 2024 Tata Steel increased its steel production in India by 5% year-on-year in Q2 FY 2024-25, reaching 5.27 million tonnes during July-September 2024, according to […]
Indian Steelmakers Demand Higher Tariffs for Imported Steel
Finished steel imports from China have surged to a seven-year high over April-August, affecting the Indian steel manufacturers. The Indian Steel Association has asked the government to double the customs duty on steel imports to 15 percent. Sep 27, 2024 India’s steelmakers have asked the government to double tariffs on steel imports. This proposal is […]
Tata Steel Earmarks INR 16,000 Crore Capex for FY24
Nearly 75 percent of INR 16,000 crore will be spent on ramping up capacities in Europe and India, especially on the completion of projects at Kalinganagar in Odisha. The remaining amount will be spent on its de-carbonization program in the UK. Jul 8, 2024 Global steel manufacturer Tata Steel has projected its capex at INR […]
New Tube Machine Takes Shape at Tata Steel’s Corby Site
The new tube mill has started to arrive in sections at Tata Steel’s Northamptonshire site and will be installed by British company Rapid Response Solutions. It is part of Tata Steel’s 30 million pounds site-wide development programme. Jul 4, 2024 A brand new steel tube-making machine is taking shape at Tata Steel’s Corby works as […]
Tata Steel to Upgrade Tube Finishing Line in Corby With USD 15 Million
Tata Steel sold its 99-acre West Works site in Corby, says will use the proceeds of the sale of USD 15 million (approximately) to develop one of its warehouses on the East Works into a world-class complex of offices, stores and engineering workshops, along with upgradation of a tube finishing line. Jun 13, 2024 Tata […]
Tata Steel Nederland Halts Operations of Tata Steel Istanbul Metal Industry in Turkey
Tata Steel Nederland has decided to stop the operations of Tata Steel Istanbul Metal Industry (TSIM) in Turkey putting 90 jobs at risk. Jan 25, 2024 Tata Steel Nederland has decided to halt operations of Tata Steel Istanbul Metal Industry (TSIM) in Turkey. Tata Steel Nederland owns TSIM and is part of the company’s Colors […]
Tata Steel Inaugurates 66 KTPA Capacity Large Diameter Pipe Mill In Dhanbad
The LDP mill with slitting line facility has effectively increased the annual capacity of Tata Steel’s Tubes Division by approximately 172,000 TPA for FY2024, augmenting the company’s plans to increase its manufacturing output from the existing 1.2 million MTPA to 2 million MTPA in the next two years. Apr 1, 2024 The Strategic Business Unit […]
