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IJMUIDEN UNIT
Tata Steel Q4 net more than doubles on India strength, Europe recoveryTata Steel reported a sharp rise in March quarter earnings, with net profit more than doubling on strong India performance and improving Eu...- Tata Steel signs pact with Dutch government to lower carbon emissionsTata Steel has signed a non-binding pact with the Dutch government to transition its IJmuiden plant to low-carbon emission steel production...
- The world has too much steel, but no one wants to stop making itTata Steel's IJmuiden plant, known for its high-grade steel, faces challenges from global overproduction and cheap Chinese exports. This si...
- Tata Steel to cut around 20% of Dutch workforceThe Dutch division reported a loss of 556 million euros ($613.05 million) in the year through March 31, 2024, as it was hit by high energy ...
- Tata Steel gets its first client for 'green' metalThe agreement makes Ford the first customer committed to offtake the green steel that Tata Steel plans to produce via the hydrogen route, w...
- SSAB ends talks with Tata Steel on Netherlands biz take over: What’s next?While announcing the Q2 results, steelmaker Tata Steel said that it was in discussions with SSAB concerning a possible acquisition of the I...
- Tata Steel’s bleeding UK unit yet to find reliefA meeting planned between UK Prime Minister Boris Johnson, Tata Sons chairman emeritus Ratan Tata and chairman N Chandrasekaran this month ...
- Dutch unit sale might help Tata Steel deleverage balance sheet; analysts upbeat on the stockThe deal is expected to close in six-nine months; however the company will be able to access the value and complete the due diligence proce...
- Tata Steel in talks with Sweden-based steelmaker SSAB to sell Netherlands operationsTata Steel Ltd on Friday confirmed it’s in talks with Sweden-based steelmaker SSAB to sell its Ijmuiden steelworks in Netherlands, the flag...
- COVID-19: 'Worried' workers at Tata Steel's Dutch unit demand job securityIn the statement, Roel Berghuis, spokesman of FNV, of which thousands of Tata Steel IJmuiden plant workers are members, said: "It is for th...
- Tata Steel cuts down production across all major operations in Inda and EuropeThe company also said in view of the restrictions in the despatch of finished goods and poor market conditions due to the shutdown of custo...
- Tata Steel hits 52-week low on earnings warningTata Steel said the production from European plants fell 12.7% to 2.33 million tonnes in Q3.
- Tata Steel production marginally up in FY19 to 3.3 million tonneFor Tata Steel BSL, Tata Steel’s recently acquired unit Bhushan Steel, production was in-line with Q2 FY19 and sales volume in Q3 FY19 was ...
- Tatas to divest five steel business units in EuropeThe proposed sale of the five assets will leave Tata Steel to channelise its resources on its strip products business which is in the midst...
- Tata Steel acquiring intellectual property rights from mining major Rio TintoA new steel making process, it combines Tata Steel’s cyclone converter furnace with Rio Tinto’s smelter.
- Tata Steel may scrap merger plans with Thyssenkrupp: ReportThe merger talks had been revealed by the Indian steel giant last year as part of a major restructuring of its UK steel business.
- Unions back Tata Steel pension planUnion representatives held a meeting yesterday to discuss the changes announced, which would see BSPS close to future accrual and replaced ...
- Tata Steel to halt sale of UK assets, expected to cut costs by 100 million poundsThe company's loss-making unit is saddled with a huge liability of British Pension Scheme for its 1.4 lakh employees including the present ...
- Tata Steel, Thyssenkrupp may combine European steel businessTata Steel and Thyssenkrupp have been talking about combining their European steel operations, most likely excluding UK, according to sever...
- Tata Steel sees demand in Europe recovering this yearTata Steel Ltd said it expects demand to recover by the end of the year in Europe, where it derives two-thirds of its 27 million-tonne annu...
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