Tata Steel to invest INR 13,000 crore per annum to Double its Production to 40 Million TPA
The Indian multinational steel-making company, Tata Steel is aiming to double its steel production to about 40 million tonnes per annum (mtpa) in India by 2030. Tata Steel will continue to invest INR 10,000-13,000 crore a year to grow its downstream businesses of tubes and wires in India. The firm intends to increase the production […]
Government to Seek Expression of Interest for Rashtriya Ispat Nigam’s Divestment
Regarding the divestment of Rashtriya Ispat Nigam and its subsidiary, the government seeks to achieve so by the end of January 2023. RINL is one of the top steel producers in the country. The Government of India (GoI) will invite Expression of Interest (EoI) for the divestment of Rashtriya Ispat Nigam Ltd (RINL) and its […]
Tata Steel’s Jamshedpur Steel Plant – India’s First to Achieve ResponsibleSteel Certification
Tata Steel has received ResponsibleSteel Certification for three of its facilities in Jamshedpur. ResponsibleSteel is a global multi-stakeholder standard and certification programme for steel producers. November 2, 2022 Tata Steel has placed India on the global decarbonisation and sustainability map with three of its production facilities in Jamshedpur receiving the coveted ResponsibleSteel Certification. The Company’s […]
Tata Steel Publishes Environmental Product Declaration for Tata Structura
Tata Structura is the first brand in structural steel hollow sections in India to publish EPD and it is the second EPD from Tata Steel. Tata Steel Ltd. has published an Environmental Product Declaration (EPD) for Steel Structural Hollow Sections sold under the brand name Tata Structura. This move is part of the firm’s commitment […]
Tata Steel Chooses Energiron DRI Technology to take a Major Step into Green Steel Production
Tata Steel Netherlands has partnered with Energiron Alliance for the design of the future-ready Energiron direct reduction plants in IJmuiden. Tata Steel Europe, with a predominant presence in the UK and the Netherlands, has selected Danieli as the technological partner for the Heracless (Hydrogen-Era-Carbon-Less) project for the Netherlands subsidiary. The project is aimed at transitioning […]
Tata Steel Announces Quarterly Results, Registers Net Profit of INR 7,714 crore in Q1 FY23
The total income of Tata Steel registered at INR 63,698.15 crore in Q1FY23 as compared to the total income of INR 53,627.66 crore in Q1FY22. Tata Steel Ltd., part of the diversified conglomerate Tata Group, has declared its consolidated financial performance for the first quarter that ended June 30, 2022, i.e. Q1FY23. The steel giant […]
Tata Steel Introduces a Green Investment Plan for UK Steel Tube Plant
The investment by Tata Steel at the tube mill site will be put into setting up a new slitter, enabling the mill to process coils out of steel slabs that will be procured from the Port Talbot steelmaking site in South Wales. Tata Steel has launched a new green investment plan of 7 million pounds […]
Welspun, Tata Steel Collaborate to Build ‘Framework’ for Hydrogen Transport
Welspun is a part of the H2Pipe Joint Industry Project on Hydrogen Pipelines, launched by DNV. The aim of the project is to develop the “world’s first guideline” for the transportation of hydrogen in pipelines. For this, Welspun has partnered with Tata Steel. Welspun Corp Ltd. (WCL) has joined forces with Tata Steel in order […]
