Page 35 - Tata Steel

Tata Steel swings back to profit in Q1 at Rs 921 cr

Sales volumes were boosted by ramp-up of its Kalinganagar plant

Tata Steel completes sale of Submerged Arc Weld in UK

Tata Steel said it would retain its 20-inch tube mill at the same Hartlepool site

Tata Steel eyes commercialisation of advanced material graphene

---Drop pointer table sent with this----Tata Steel is working on commercialisation of graphene, an advanced material and considered to be a superb conductor. The first product is in the market. The company has launched readymade graphene-coated stirrups, named Tiscon Superlinks+. Peeyush Gupta, its vice-president (steel & marketing), said when four columns are built, the support link is normally supplied by a local mason, which is made of steel. "But, it usually rusts. We have changed that by coating it with graphene."Superlink+ has enhanced corrosion resistance and better bonding strength than other stirrups in the market. Tata Steel has filed seven patent applications in this area of work. Graphene can have a number of applications; we are searching for the right products, Gupta said.A graphene development cell has been set up at Jamshedpur to identify applications and establish new businesses (production units, supply chain and markets). Two advanced material research centres .

Tata Steel SEZ may house downstream steel unit, assembly line for battery cars

Company is also negotiating for a possible assembly line at the facility in Odisha

Tata Steel to consider take over of firms at NCLT

Tata Steel will evaluate takeover of steel firms referred to the NCLT (National Company Law Tribunal) based on the transparency of the process and after comparing the feasibility of such takeovers with its own organic growth plans."If it is a transparent process, which it looks like the way the code has been drafted, we will evaluate and see. Our board has to be comfortable whether it is a good thing or not" Koushik Chatterjee, group executive director of finance, corporate and Europe operations at Tata Steel said in response to a question from Business Standard, on the sidelines of the annual general meeting of Tinplate Company of India.Later, he clarified that the way in which the NCLT has been set up and the process which has been laid out, the modus operandi of NCLT is poised to be transparent.Five stressed steel companies, Essar Steel, Monnet Ispat and Energy, Electrosteel Steels, Bhushan Steel and Bhushan Power and Steel have been referred to the NCLT by the RBI in a recent ...

Tata Steel's Kalinganagar unit to focus on import-substitute auto alloys

Tata Steel's greenfield steel complex at Kalinganagar (Odisha) would focus on high strength automotive alloys that can act as import substitutes. Such alloys used by the automobile industry are predominantly imported and the Kalinganagar plant would help cut dependence on imports."The range of automotive alloys produced by our Jamshedpur plant is limited. This is because the hot stripping mill there is old and has its limitations. At Kalinganagar, we can roll out high strength alloys with dimensions of up to 1100 Mega Pascal", said a company source.Tata Steel is keen to position its Kalingangar plant as one of the biggest suppliers of high strength alloys to the automobile industry, especially alloys for car wheels. The steel maker has commissioned the first phase capacity of three million tonnes per annum (mtpa) at Kalinganagar and this is entirely devoted to manufacturing flat steel products that find applications in automobiles and white goods.The steel company's Jamshedpur unit ..

Tata Steel pays bonuses worth £25 mn to European managers

Move likely to rankle workforce who voted to approve closure of a 15 bn pounds retirement scheme

Tata Steel cracks the door open, extends the brand

The old steel major goes direct-to-customers as it drills its way into the home solutions market

TV Narendran's 'calm' composure readies Tata Steel for good and bad times

A sharper focus on branded products, operational efficiency has fortified the firm against downturns

Tata Steel hits 52-week high on plans to sell stake in Tata Motors

The stock hit a fresh 52-week high of Rs 534, up 1%, extending its Monday's 3.4% gain on BSE

Tata Steel shines on pension resolution, profitability

Tata Steel's profitability per tonne of steel sold increased by 20% in March qtr for domestic ops

Thyssenkrupp labour boss affirms opposition to Tata merger

Under the deal, Tata will plough 550 million pounds into the British Steel Pension Scheme (BSPS)

Tata Steel gains 5% post Q4 results; best performer on Sensex

The company posted a consolidated net loss of Rs 1,168 cr in Q4 against Rs 3,042 cr in previous year

Tata Steel's Q4 net loss narrows 62% to Rs 1,168 crore

Company reports exceptional expenses of Rs 4,069 crore in the Jan-Mar quarter

Tata Steel not worried about ore reserves

Jamshedpur will be adding another million tonnes of capacity a year

Thyssenkrupp steelworkers protest against Tata's merger plan in Germany

Trade unions fear large-scale job losses and question the logic of the deal

UK business transformation ongoing: Tata Steel

Tata Steel claims to have invested 1.5 bn pounds in its UK business since acquiring Corus in 2007

Land stir hurts investments in Tata Steel's Gopalpur industrial park

Company has reportedly received conditional approval to develop the industrial park under DTA

Corus acquisition was an aspirational mistake: Ex-Tata Steel MD J J Irani

Corus' acquisition turned bad and it had lived off Tata Steel's Indian operations

Tata Steel seeks export opportunities in South East Asian market

Growth of India's steel industry will be great opportunity for capital equipment market across world