Tata Steel UK

"Fundamentally, we believe that having fewer sites with larger capacity potential per site is better and more efficient"

Tata Steel expects to complete full insurance buy-in of the British Steel Pension Scheme (BSPS) in the first half of calendar 2023

Irani transformed Tata Steel totally to make it the world's lowest-cost steel producer by 2001, completely revamped technology and used his phrase "Customer Har Haal Me" to augment user delight

Revenues from operations at Rs 59,877.52 crore was marginally down from Rs 60,387.13 crore in the year-ago period

Tata Steel's future course of action with respect to its UK business will be based on the British government's response to the company's proposal seeking financial support to sustain the business there, CEO T V Narendran said Monday. Tata Steel owns the UK's largest steelworks at Port Talbot in South Wales and employs around 8,000 people across all its operations in the country. The company is seeking 1.5 billion pounds from the UK government to execute its decarbonisation plans. On a conference call, Narendran said, "Obviously plans are being made in case we don't get the support that we seek form the (UK) government, but it's too early to talk about (it), but again a lot of conversations are going on internally to how we plan for all situations." He made the remarks in reply to a question on the company's plan in case the UK government does not accept the Tata Steel's proposal. Tata Steel is seeking support from the UK government in two forms. In policy terms by encouraging the .

Homegrown steel major Tata Steel is actively engaged with the UK government for financial support for its business there, a company spokesperson said on Friday, amid reports of the Tatas looking to divest their steel business in the UK. "Tata Steel is seeking support from the UK government in two forms. In policy terms by encouraging the transition to green steel and ensuring a cost competitive landscape, and partnership in financing of the project given the size of investment and the financially constrained position of our UK business," the spokesperson told PTI. The company at present is in active and detailed discussions with the UK government with relation to the future of the business. Currently, it is not in discussions with any potential buyers for the UK business, the spokesperson added. Tata Steel owns the UK's largest steelworks at Port Talbot in South Wales and employs around 8,000 people across all its operations in the country. The company is seeking 1.5 billion pounds

Tata Sons is considering Tata Steel's exit from its UK operations because of the absence of support from the British government for transition to green energy

Both the Netherlands and UK facilities have turned around but the transition to a green steel future may differ

'The UK business has come a long way. Today, it is Ebitda positive and cash positive'

Tata Steel seeks 1.5 bn pounds subsidy to keep operations afloat

Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacity in value-added products for both, Make in India and Make for The World

Tata Steel is working on a plan for transition to low carbon technologies for making steel in the UK and the Netherlands. In October 2021, Tata Steel completed the process of separating Tata Steel UK and Tata Steel Netherlands as two independent companies from Tata Steel Europe. Both, Tata Steel UK and Tata Steel Netherlands have been developing detailed plans for transition to low CO2 technologies in line with the company's goal to produce CO2-neutral steel by 2050 in Europe, company's CEO & MD T V Narendran and Executive Director & CFO Koushik Chatterjee said. "In Tata Steel Netherlands, we plan to gradually phase out our blast furnaces and coal over the next 10 years by replacing them with a combination of Direct Reduced Iron (DRI) technology based on hydrogen, and electric furnaces," the executives said in the company's annual report for 2021-22. In the Netherlands, the company has a capacity of 7 MTPA. According to the company, Tata Steel UK also produces steel through ..

Tata Steel's blast furnaces in the UK are using billions of microscopic bacteria to convert its emissions into stock materials for other industries to make recycled products

A new GBP 4 million investment at a major facility in north-west England will allow for more efficient and sustainable supply of critical steelmaking material to the Port Talbot steelworks in Wales

Tata Steel said hundreds of tonnes of its products, able to endure the harsh North Sea conditions, will be used for the giant wind farm project located 130 km off the north-east coast of England

The floods in South India had an impact on construction activity, as have pollution curbs in the National Capital Region, said Chatterjee

Even at low steel prices, we will be the last man standing, says Tata Steel MD & CEO

Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that balance sheet strengthening continues to be an enterprise strategy

Third private sector company to report quarterly revenue of Rs 50,000 crore

Coking coal is a key raw material used for making steel using the blast furnace route, besides iron ore