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 […]
TATA Steel’s Tubes Division Aspire to Grow 3x by 2030
TATA Steel Tubes division having a current capacity of 1.2 million TPA forged by their 4 manufacturing facilities at Jamshedpur, Khopoli, Sahibabad, and Hosur along with 9 tube manufacturing partners (TMPs), aspire a minimum 3x growth reaching to 4 million TPA capacity by FY30 to align the Tubes division with TATA Steel’s growth plan of […]
Tube & Pipe India Emagazine Dec-Jan Issue 2023-24
The Dec-Jan 2023-24 edition is now live! The edition features in-depth coverage of industry trends, technology advancements, and expert insights. This edition dives deep into the stories of leading companies like TATA Steel Tube Division, Kamdhenu Group, MAN Industries, Grow Ever Group of Companies, YLM Group, Somo Produzione, Rishi Tubes & Pipes, Voortman Müller Opladen, […]
Goldman Sachs Report Terms EU’s CBAM as Great Risk Factor for Indian Steel Exporters, Predicts Levying of Heavy Carbon Tax
Carbon Border Adjustment Mechanism (CBAM): Goldman Sachs foresees Indian steel producers paying heavy carbon tax for export to Europe in 2026. Feb 22, 2024 The European Commission’s Carbon Border Adjustment Mechanism (CBAM), which will come into force as a permanent system on January 1, 2026, is likely to affect the Indian steel producers the most, […]
