Focus on Tata Steel
Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum. It is one of the world’s most geographically diversified steel producers, with operations and commercial presence across the world. The group recorded a consolidated turnover of around US$27.7 billion in the financial year ending March 31, 2024. Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 78,000. Tata Steel has announced its major sustainability objectives including Net Zero by 2045.
(Source: Tata Steel news releases, October 2024)
China exports push Nippon Steel to seek growth in US, India after blocked deal
Nippon Steel eyes U.S. and India for growth, countering China’s exports amid declining domestic demand and blocked U.S. bid.
Tata Steel’s Dutch plant gets year to clean up coke oven
Dutch regulators on Thursday threatened to close down one of Tata Steel's main ovens at its massive plant in IJmuiden if it doesn't...
Thaw in China ties unlikely to deter India’s plans for steel tariffs, source says
China's surging steel exports spark complaints from a growing number of countries, with some citing harm to domestic manufacturers.
Tata Steel signs contract with Tenova for electric arc furnace at Port Talbot plant
The contract comes weeks after Britain's biggest steelworks ended blast furnace-based production.
Tata Steel signs contract for green steelmaking technology
Tata Steel has today signed a contract with Tenova – a world leading metals technology manufacturer – to deliver a state-of-the-art electric arc...
New deal to help transition of steel production at Port Talbot
UK Government strikes deal over workers as thousands of jobs set to go as Port Talbot embraces electric arc production for steel.
Tata Steel signs £500 million Grant Funding Agreement with UK Government for £1.25 billion green steel project in Port Talbot
September 11 2024 Tata Steel announces that it has signed a £500 million Grant Funding Agreement with the UK Government allowing it to...
Government puts workers at the heart of new and improved Port Talbot deal
The government has announced a new, improved Port Talbot deal for workers which has been agreed with Tata Steel and Trade Unions. Published...
Future of chemical sector ‘at risk’ in UK without plan to cut fossil fuels
Think tank calls for policymakers to support a transition to green chemicals industry in Britain to help decarbonise wider economy.
UK climate groups, unions demand ‘just transition’ for Tata Steel workers
Climate groups and unions are calling for alternative solutions to decarbonising Tata’s Port Talbot plant in order to prevent mass job losses.
