icon

Tata Steel - Latest Articles GMK Center

Photo – Tata Steel has increased its capital expenditure plan for FY2023/2024
Tata Steel has increased its capital expenditure plan for FY2023/2024

In this period, the company plans capital expenditures in the amount of $1.95 billion

Photo – Tata Steel to work on reducing carbon emissions with SMS group
Tata Steel to work on reducing carbon emissions with SMS group

The technology developed by the SMS group will be demonstrated at the Tata Steel plant in India

Photo – Tata Steel Nederland cancels force majeure at Eimeiden
Tata Steel Nederland cancels force majeure at Eimeiden

The force majeure was caused by difficulties with the modernization of the rolling mill

Photo – Tata Steel to double its steel production capacity in India by 2030
Tata Steel to double its steel production capacity in India by 2030

The company sees enough opportunities to increase production capacity to 40 million tons per year

Photo – ANNOUNCEMENT: KALLANISH EUROPE STEEL MARKETS 2023
ANNOUNCEMENT: KALLANISH EUROPE STEEL MARKETS 2023

In 2022, global steel production decreased by 4% due to geopolitical challenges, the war in Ukraine and the energy crisis

Photo – Tata Steel expects better operations in Europe in July-September
Tata Steel expects better operations in Europe in July-September

The company notes that costs will decrease due to the drop in energy prices

Photo – Tata Steel may consider curtailing some operations in the UK
Tata Steel may consider curtailing some operations in the UK

The company expects to receive financial support from the British government within 12-24 months

Photo – Tata Steel began testing hydrogen injection into a blast furnace
Tata Steel began testing hydrogen injection into a blast furnace

Indian plant testing aims to reduce coke use and reduce carbon emissions

Photo – Tata Steel plans to raise a $400 million green loan for the first time
Tata Steel plans to raise a $400 million green loan for the first time

The company plans to start green steel production at its IJmuiden plant in the Netherlands in 2030

Photo – Tata Steel Europe notes improvement in rolling stock deliveries in Q1
Tata Steel Europe notes improvement in rolling stock deliveries in Q1

In January-March 2023, the company increased the shipment of rolled steel to customers by 7% q/q

Photo – Tata Steel increased steel output by 4% y/y in 2022-2023 financial year
Tata Steel increased steel output by 4% y/y in 2022-2023 financial year

In the fourth quarter of the last fiscal year, the company increased steel production by 5.1% y/y

1 2 3