Tata Steel Voices Concerns Over Export Risks in Potential UK-US Trade Deal
Tata Steel, a major Indian steel manufacturer with significant UK operations, has expressed concerns about potential risks to its exports under a prospective UK-US trade agreement. The company is actively urging the UK government to secure a comprehensive deal with the US administration as quickly as possible. This appeal highlights the urgency felt by major industrial players in the UK as the country navigates its post-Brexit trade relationships. The outcome of these negotiations could have significant implications for the steel industry and other sectors reliant on cross-Atlantic trade.
06Jun 25
TATA Steel Calls for Swift UK-US Trade Agreement to Safeguard Exports
Tata Steel has called on the Indian government to accelerate the finalization of a comprehensive trade agreement between the UK and the US. The company expressed concerns about potential challenges to its export operations without such an agreement. Tata Steel emphasized the need for swift action, highlighting the critical nature of the situation and its potential impact on the Indian steel industry's global competitiveness. The outcome of this trade agreement could significantly affect market access, tariffs, and overall trade conditions for steel exporters.
Tata Steel Seeks ₹7.57 Billion Compensation for Cancelled Coal Block
Tata Steel has filed a writ petition in the Delhi Court to recover ₹7.57 billion in losses from a coal block cancellation. The company also filed a separate petition for its subsidiary, Bhushan Steel, to recover expenses from another cancelled coal block. This legal action underscores the significant impact of coal block cancellations on the steel industry, as coal is crucial for steel production. The outcome of this case could have broader implications for other companies affected by similar cancellations and may influence future policies on coal block allocations in India.
Tata Steel has inaugurated Phase II of its Kalinganagar operations in Odisha, increasing the facility's annual capacity from 3 million tonnes to 8 million tonnes. This expansion, costing Rs 27,000 crore, represents a 166.67% increase in production capability. The project aims to meet growing steel demand, boost the local economy, and enhance Tata Steel's market responsiveness and competitiveness in the steel sector.
Tata Steel's stock price increased by nearly 5% following positive Q4 FY25 results and future plans. The company's net profit doubled to ₹1,201 crore. Tata Steel announced a ₹15,000 crore capex guidance for FY26. The company expects its UK operations to break even in the next few quarters and Europe operations to reach break-even in Q1. Multiple brokerages have raised their target prices for Tata Steel, maintaining positive outlooks.
14May 25
Tata Steel Unveils Ambitious EBITDA Targets and Growth Plans
Tata Steel has announced robust financial and operational targets. The company aims for EBITDA margins of 20-22% during downcycles and 38-40% during upcycles in India. Deliveries are projected to increase by 1.5 million tons, primarily driven by Indian operations. Price increases are expected in key markets, with India anticipating ₹3,000 per ton and Europe €20-30 increase. The UK operations are expected to remain flat, while slight growth is anticipated in the Netherlands.
Tata Steel's Q4 FY2024-25 consolidated net profit soared 113% year-over-year to ₹1,301.00 crore, surpassing market expectations. Despite a 4.2% decline in revenue to ₹56,218.00 crore, the company's EBITDA increased. India deliveries hit a record 21 million tons, up 5% year-over-year. The company recommended a dividend of ₹3.60 per share for FY2024-25, reflecting strong financial position.
12May 25
Tata Steel Announces $2.5 Billion Investment in T Steel Holdings
Tata Steel plans to invest up to $2.50 billion (₹20,750.00 crore) in its subsidiary, T Steel Holdings Pte, through a share subscription. The funds will be used for debt repayment and restructuring costs. This significant investment aims to strengthen the company's financial position and support long-term growth strategies.
Tata Steel's Q4 FY2024-25 results show a 113% year-on-year increase in consolidated net profit to 1,301.00, beating estimates. Revenue decreased by 4.2% to 56,218.00. The company's board recommended a dividend of 3.60 rupees per share, with a record date of June 6, 2025. Tata Steel's share price surged by over 5% to a one-month high ahead of the announcement, reflecting strong investor confidence.
09May 25
Tata Steel to Announce Q4 Results and Potential Dividend on May 12
Tata Steel Ltd. will release its Q4 and FY25 financial results on May 12, 2023, with a potential dividend declaration. An institutional investor meeting is scheduled for May 13. The company has implemented a trading window closure until 48 hours after the results announcement to ensure fair trading practices. The results are expected to provide insights into Tata Steel's performance amidst challenging global economic conditions, including revenue and profit figures, industry outlook, and updates on ongoing projects and strategies.
08May 25
Tata Steel Poised for Strong Q4 FY25 Performance with Projected Profit Surge
Tata Steel is projected to show significant financial improvements in Q4 FY25. Net profit is expected to increase 2.8 times to ₹1,167.00 crore, revenue to rise by 7.6% to ₹57,289.00 crore, and EBITDA to grow by 12% to ₹6,615.00 crore. Domestic operations are anticipated to perform well with improved realizations and EBITDA per tonne. However, the UK operations are expected to face widening losses, highlighting challenges in the European steel market.
Tata Steel to Boost Odisha Plant Capacity, Invest ₹7 Billion in Expansion
Tata Steel plans to increase its crude steel production capacity at its Odisha plant from 6.50 MTPA to 7.10 MTPA. The expansion involves an additional investment of ₹7 billion and is expected to create 375 new jobs. This move aligns with Tata Steel's growth strategy and India's push for increased domestic steel production.
24Apr 25
Tata Steel May Benefit as India Imposes Temporary Tariff on Steel Imports
The Indian government has implemented a temporary tariff on steel imports, aiming to protect and strengthen the domestic steel industry. This move is expected to decrease steel imports from major exporters like China, South Korea, and Japan. The tariff could benefit domestic producers such as Tata Steel by increasing their market share, improving pricing power, and boosting production. However, the actual impact will depend on factors including the tariff's duration, international competitors' responses, and overall steel demand.
21Apr 25
Tata Steel CEO Backs Government's Safeguard Duty on Steel Imports
The CEO of Tata Steel has strongly endorsed the Indian government's decision to impose a safeguard duty on steel imports. This measure is viewed as crucial for ensuring fair competition within the domestic steel industry. The safeguard duty aims to protect local manufacturers from cheaper imports and level the playing field. This move is expected to have significant implications for both domestic and international players in the steel market, potentially affecting steel prices, domestic production, and the overall competitiveness of the Indian steel industry.
16Apr 25
Tata Steel Nederland Unveils €500 Million Cost-Saving Strategy, Plans 1,600 Job Cuts
Tata Steel Nederland announces a transformation plan targeting annual cost savings of €500 million by FY26, increasing to €550 million in FY27. The strategy includes 1,600 job cuts, increased production output, and improved blast furnace efficiency. Tata Steel UK is expected to reach cash breakeven by Q2 FY26. The announcement has received positive responses from brokerages, with some upgrading their outlook on Tata Steel stock and revising EBITDA projections upwards.
16Apr 25
Tata Steel Nederland Pioneers Global Liquid Hydrogen Import Corridor
Tata Steel Nederland has signed a historic agreement to establish the world's first liquid hydrogen import corridor, connecting Oman, the Netherlands, and Germany. The project involves developing infrastructure for liquefaction, storage, and export at the Port of Duqm. A consortium including Port of Amsterdam, Ecolog, and EnBW will collaborate on this initiative. The imported hydrogen will comply with RFNBO standards, enabling commercial-scale import of renewable fuel to Europe.
Tata Steel Nederland Unveils Major Transformation Programme Amid Management Changes
Tata Steel Nederland (TSN) has unveiled a transformation programme to enhance competitiveness and sustainability. The plan includes organizational restructuring, resulting in approximately 1,600 job losses in management and support functions. TSN is also implementing a green steel transition plan, aiming to reduce CO2 emissions by 5 million tonnes annually by replacing a blast furnace with new technology. The company will engage in intensive consultations with unions and stakeholders in the coming weeks. Despite challenging market conditions in Europe, TSN remains committed to becoming one of Europe's most sustainable steel companies.
09Apr 25
Tata Steel Nederland Unveils Major Transformation Plan, 1,600 Jobs at Risk
Tata Steel Limited has unveiled a transformation programme for its Netherlands operations, Tata Steel Nederland (TSN), to enhance competitiveness and ensure sustainability. The plan includes organizational restructuring, resulting in approximately 1,600 job losses in management and support functions. TSN aims to maximize production efficiencies, lower fixed costs, and optimize product mix. The company is also pursuing a green steel transition plan, targeting a reduction of 5 million tonnes of CO2 emissions annually by replacing a blast furnace with new technology. This move comes amid challenging market conditions in Europe, including demand issues, geopolitical developments, and rising energy costs.
09Apr 25
Tata Steel Sees Significant Block Trade: 2.1 Million Shares Change Hands
A substantial block trade of Tata Steel Ltd shares occurred on the National Stock Exchange (NSE). The transaction involved 2,096,148 shares at Rs. 127.52 per share, totaling Rs. 26.73 crores. This large-scale trade could indicate potential shifts in ownership or investment strategies, although the specific reasons and parties involved remain undisclosed.
Tata Steel received an income tax order increasing its taxable amount for FY 2019 related to its 2018 acquisition of Bhushan Steel. The reassessment concerns the ₹25,185.51 crore debt waived during the acquisition under the Insolvency and Bankruptcy Code. Tata Steel has filed a writ petition challenging the reassessment and plans further legal action, maintaining that the debt waiver cannot be treated as taxable income under the Income Tax Act, 1961.
01Apr 25
Tata Steel Boosts Stake in Quality Management Foundation to 16.66%
Tata Steel has increased its stake in the Indian Foundation for Quality Management (IFQM) from 9.09% to 16.66% by acquiring 1,24,90,000 equity shares for ₹12.49 crore on April 1, 2025. IFQM, a not-for-profit company, aims to promote quality management practices across Indian industries. The transaction, classified as a related party deal, aligns with Tata Steel's strategy to support quality management initiatives in India.
21Mar 25
Tata Steel's Kalinganagar Plant Incident: Nine Injured, Production Unaffected
Tata Steel reported an accident at its Kalinganagar Steel Plant in Odisha, resulting in injuries to nine individuals. The company has assured that production remains unaffected despite the incident. The exact cause of the accident has not been disclosed. Tata Steel's response to the situation and its handling of safety concerns will be crucial for maintaining its industry standing and stakeholder relationships.
21Mar 25
Tata Steel Sees Major Block Trade as Trading Window Closure Looms
A block trade of 3,312,858 Tata Steel shares worth Rs. 52.24 crores was executed on NSE at Rs. 157.70 per share. Separately, Tata Steel announced its trading window for insiders will close from March 25, 2025, until 48 hours after Q4 and FY2025 results are declared.
20Mar 25
Tata Steel Enhances Sustainability: Shifts to Natural Gas at Ferro Alloys Plant
Tata Steel has transitioned from furnace oil to piped natural gas at its Ferro Alloys Plant in Jajpur, Odisha. Bharat Petroleum Corporation Limited (BPCL) will supply the natural gas through its pipeline network. This shift is expected to reduce the plant's carbon footprint, improve operational efficiency, and simplify the supply chain. The move aligns with industry trends towards more sustainable energy sources in steel manufacturing.
19Mar 25
Tata Steel Shares Worth Rs. 158.69 Crores Change Hands in Major Block Trade
A significant block trade of approximately 10.05 million Tata Steel shares occurred on the National Stock Exchange (NSE), valued at Rs. 158.69 crores. The transaction involved 10,048,147 shares at a price of Rs. 157.93 per share. This large-scale deal highlights ongoing interest in Tata Steel, a leading Indian steel manufacturer with global operations.
18Mar 25
Tata Steel Shares: Major Block Trade Worth ₹15.61 Crore Executed on NSE
A significant block trade of 1,019,737 Tata Steel shares occurred on the National Stock Exchange (NSE) at ₹153.05 per share, totaling ₹15.61 crore. The transaction highlights continued interest in the steel giant's stock, though the parties involved were not disclosed.
18Mar 25
Tata Steel's Credit Profile Under Scrutiny as Fitch Reduces Rating Headroom
Fitch Ratings has reduced Tata Steel's rating headroom, indicating potential tightening of the company's financial metrics or credit profile. This adjustment could impact Tata Steel's financial flexibility, investor perception, and strategic decision-making. The reduction may be due to various factors including market conditions in the global steel industry, operational challenges, recent strategic decisions, or changes in the company's debt profile. This development puts Tata Steel under increased financial scrutiny, with stakeholders closely monitoring the company's performance and response to maintain its financial standing.
10Mar 25
Tata Steel Shares: Major Block Trade Worth Rs. 61.24 Crores on NSE
A significant block trade of 4,027,578 Tata Steel Ltd. shares occurred on the National Stock Exchange (NSE). The shares were traded at Rs. 152.06 per share, totaling Rs. 61.24 crores. This large-scale transaction may indicate shifting investor sentiments or strategic moves by institutional investors in the steel giant.
A substantial block trade of 1,506,445 Tata Steel Ltd. shares was executed on the National Stock Exchange (NSE) at ₹152.00 per share, totaling ₹22.90 crore. This large-scale transaction has drawn market attention due to its potential implications for the steel giant's stock. Tata Steel, a flagship company of the Tata Group, operates in 26 countries with a commercial presence in over 50 countries.
A significant block trade of 5,006,119 Tata Steel shares occurred on the NSE, valued at Rs. 76.09 crores. The shares were traded at Rs. 152.00 per share. This large transaction represents a notable portion of the company's daily trading volume and may attract attention from market participants.
07Mar 25
Tata Steel Shares See Massive Block Trade: 10 Million Shares Change Hands
A significant block trade of 10,022,759 Tata Steel Ltd. shares occurred on the National Stock Exchange (NSE) at Rs. 151.99 per share, totaling Rs. 152.34 crores. This large-scale transaction indicates notable investor activity in the steel giant's stock and could potentially signal changes in major shareholding patterns or reflect market sentiment towards the company or sector.
07Mar 25
Tata Steel Shares See Major Block Trade: 5 Million Shares Change Hands for Rs. 76.63 Crores
A significant block trade of Tata Steel Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 5,046,740 shares at Rs. 151.84 per share, totaling Rs. 76.63 crores. This large-scale trade indicates substantial investor activity in the steel giant, though the specific reasons for the trade remain undisclosed.
25Feb 25
Tata Steel Strengthens Group Structure with ₹10,727 Crore Investment in T Steel Holdings
Tata Steel has invested ₹10,726.85 crore (approx. $1,238 million) to acquire 788,53,50,318 ordinary equity shares in its wholly-owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP). The investment aims to repay external debt at offshore entities and support restructuring at Tata Steel UK Limited. This strategic move, approved by the Reserve Bank of India, is expected to strengthen Tata Steel's global operations and financial structure.
20Feb 25
Tata Steel Strengthens Hold on T Steel Holdings with $300 Million Share Acquisition
Tata Steel has acquired equity shares worth $300 million (₹2,603.16 crore) in its wholly owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP). The acquisition involves 191,08,28,025 ordinary equity shares with a face value of USD 0.157 each. Despite this substantial investment, TSHP remains a wholly owned subsidiary of Tata Steel. The company has also announced its participation in the IIFL Enterprising India Conference on February 25, 2025, in Mumbai.
19Feb 25
Tata Steel's Green Revolution: Port Talbot Electric Arc Furnace Plans Approved
Tata Steel Limited has received approval from the Neath Port Talbot Council's Planning Committee for its £1.25 billion investment plan to install an electric arc furnace at Port Talbot steelworks. This project, supported by £500 million in UK Government funding, aims to preserve 5,000 jobs, reduce on-site CO2 emissions by 90%, and cut the UK's total direct CO2 emissions by 1.5%. The plan includes constructing an Electric Arc Furnace and two Ladle Metallurgy Furnaces, with operations expected to start by the end of 2027. This shift represents a major technological change, moving from traditional blast furnace methods to using electricity for melting scrap steel, aligning with Tata Steel's goal to produce net-zero steel by 2045.