Page 19 - Tata Steel

Revoking of CVD, ADD to hurt earnings of domestic stainless steel industry

"Traders are expected to stock up cheap imports creating huge inventories in the coming months ahead of an anticipated demand boom in the sector," said an official of a large stainless steel firm

Tata Steel BSL ties up with FarEye for digital transformation process

FarEye is a software logistics firm

Setback for Tata Steel, talks with SSAB to sell Dutch plant collapse

Tata Steel confirmed on Friday that SSAB had withdrawn its initial interest, but the company said it was committed to arriving at a strategic resolution for its European portfolio

Tata Steel to continue separation of Dutch and British operations

This comes despite Swedish steelmaker SSAB's decision to halt talks over the potential acquisition of Tata's Dutch steel mill

Nifty Metal index slips 4%; SAIL, Tata Steel, Hindustan Copper dip up to 6%

An increase in coking coal prices would not augur well financially for steel companies' in India, ICICI Securities said in a note

Tata Steel, Vedanta: Tech charts signal more upside in metal stocks

Going forward, analysts at Phillip Capital expect metal companies to report further improvement in operating performance in Q3FY21 results

Stocks to watch: TCS, Wipro, Avenue Supermarts, Tata Steel, Vedanta, Cipla

Bharti Airtel announced the appointment of Pradipt Kapoor as its Chief Information Officer

Tata Steel's India output grows 3% in Oct-Dec, sales decline 4%

Tata Steel on Friday said its total output from India operations rose 3 per cent to 4.60 million tonnes (MT) during October-December quarter of the current financial year. The output from company's operations in India was at 4.47 MT in the year-ago period, Tata Steel said in a statement. Its sales from India operations during the period under review were at 4.66 MT, down 4 per cent from 4.85 MT in the same quarter of 2019-20 financial year. Tata Steel Europe's output also rose 4 per cent to 2.61 MT from 2.51 MT in the year-ago period. Sales from operations in Europe declined 10 per cent to 2.11 MT during the period under review from 2.35 MT in October-December of 2019-20. "Automotive and special products' segment deliveries grew 48 per cent quarter-on-quarter (q-o-q) on the back of improvement in overall demand, increased share of business from existing customers and new product approvals," the company said in the statement. Deliveries of branded products and retail segment grew

Steel stocks hit fresh high on price hike, improvement in production

Stocks of all major steel producers hit a new one-year high with Tata Steel leading the pack

Metals extend rally on strong demand; Tata Steel zooms 97% in 3 months

At 02:15 pm, Nifty Metal index was the top gainer among sectoral indices, up 4% against 0.28% rise in the Nifty50 index

Stocks to watch: Tata Steel, Adani Green, Vedanta, Infosys, United Spirits

Shareholders of Union Bank of India approved the bank's proposal for raising up to Rs 6,800 crore equity capital to fund business growth

Despite Covid-19 pandemic, Tata Steel bullish on FY22 demand in India

Globally, steel prices are expected to stay firm, as China may not export large volumes owing to better balance in its domestic market

Smaller steel producers trail top six players in scaling up production

Shortage of iron ore, spike in input costs are the major impediments

Tata Steel's partly paid shares zoom six times from their March low

Issued under rights programme, they are now at a 14 per cent premium to ordinary shares

S&P Global Ratings revises Tata Steel outlook to stable on earnings rebound

Company's leverage remains high, limiting further rating upside from current 'B+'

Top headlines: Nomura on Indian economy in 2021, govt says no change in MSP

Business Standard brings you top headlines of the evening

Global price hikes strengthen steel manufacturers; sectoral m-cap up 43%

The top 13 iron and steel firms now have a combined m-cap of Rs 2.45 trillion, up from Rs 1.7 trillion at the beginning of October

Tata Steel Long Products soars 10% as Tata Steel completes open market sale

For the July-September quarter, the company had reported a consolidated net profit of Rs 59.06 crore.

We're now at pre-Covid levels on volumes and prices: Tata Steel's Narendran

In a Q&A, the firm's MD & CEO says there is a pick-up in consumption acroess sectors and keeping up with market requirements is a struggle

Nifty Metal Index jumps 25% in Nov on domestic rally, demand from China

The gain in share prices has been supported by the rally in commodity prices