Tata steel

Due diligence for Netherlands business sale to complete in next two months: Tata Steel CFO

Last week, the company said it has initiated discussions with SSAB on the potential sale of Tata Steel Netherlands business, including Ijmuiden steelworks.

published on : 17th November 2020

Tata Steel's new working model allows employees to work-from-anywhere 

Under the new models, effective November 1, even officers who are required to be based out of a particular location can now work from home for unlimited days in a year.

published on : 2nd November 2020

India's coal import drops 43 per cent in July owing to high stockpile at pitheads, plants

CIL had last month said that coal production in some of the major mines is still affected due to high stock and less offtake.

published on : 9th August 2020

Tata Steel sales fall by 23 per cent in April-June quarter, output down by 28.49 per cent

Tata Steel said while urban markets are showing slow recovery, retail sales, especially in rural markets, are seeing an improvement in demand.

published on : 9th July 2020

Crude steel production drops over 41 per cent in June quarter, says Tata Steel BSL

Tata Steel BSL said the company started ramping up its steel making operation at Angul, Odisha, in the second half of June 2020.

published on : 9th July 2020

Tata Steel assures no employees of Dutch unit to lose job: Labour union FNV Metaal

In a statement issued on Friday, the Dutch workers' union said it has reached an agreement with the management of Tata Steel in the Netherlands.

published on : 3rd July 2020

Tata Steel slips into red; posts Rs 1,615.35 cr loss in Q4

Total consolidated income of the company fell to Rs 35,085.86 crore in January-March 2020, from Rs 42,913.73  crore in the same quarter preceding fiscal.

published on : 29th June 2020

Workers at Tata Steel unit in Netherlands go on strike

Tata Steel had earlier said it recognises the uncertainty in the minds of the employees and respects the rights of the workers in IJmuiden steelworks.

published on : 17th June 2020

COVID-19: 'Worried' workers at Tata Steel's Dutch unit demand job security

From 2 pm afternoon, workers at the ore preparation area of plant went on strike, affecting the supply of the raw material for the blast furnaces, pellet factory and sinter factory, it said.

published on : 11th June 2020

Fitch downgrades ratings of JSW Steel, Tata Steel with negative outlook

The agency has also downgraded JSW Steel's and Tata Steel's senior unsecured rating to BB-minus from BB.

published on : 25th May 2020

Tata Steel leaves Indian Steel Association; T V Narendran steps down as President

Narendran is also a member of the Executive Committee of the global body World Steel Association (worldsteel).

published on : 5th May 2020

COVID-19: First Minister of Wales pushes UK government for Tata Steel rescue for Port Talbot site

He stressed that while the local government can look into some targeted support, the scale of the rescue is beyond its scope.

published on : 28th April 2020

Lockdown effect: Tata Steel seeks GBP 500 million government bailout in UK

Tata Steel, which owns the UK's largest steelworks in Port Talbot in Wales, is holding discussions with the Welsh government as well as the UK Treasury.

published on : 26th April 2020

Tata Steel sales fall 11 per cent in January-March 2020; output up at 7.84 MT

However, the lockdown has led to logistic issues and lower demand driven by the shutdown of customer operations in automotive, construction and other segments since last few days of March 2020.

published on : 22nd April 2020

Coronavirus outbreak: Steel makers ask employees to declare travel history

Sajjan-Jindal led JSW Steel has also asked its employees to work from home and follow necessary safety guidelines.

published on : 22nd March 2020
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