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.