Tata Steel outlays Rs 3,000-crore capex for Europe biz, not looking for buyer now"For (financial year) 2022, we have guided that our capex will be...Rs 3,000 crore for Europe. It is more for sustenance capex, environment...
15 Aug, 2021, 11.23 AM IST
Volvo Cars to test fossil-free steel from SSAB's HYBRIT ventureThe Swedish carmaker, owned by China's Geely Holding , will be the first car maker to source steel from green steel venture HYBRIT, which i...
16 Jun, 2021, 12.15 PM IST
Volvo, SSAB plan first fossil-free steel trucks on road to carbon neutralityVolvo plans to start production this year of prototype vehicles and components from steel made by SSAB using hydrogen produced from renewab...
08 Apr, 2021, 02.23 PM IST
Tata Steel Europe sees top-level resignationsTata Steel Europe’s executive committee has shrunk following the recent resignations of chief commercial officer Karl Haider and executive ...
15 Mar, 2021, 11.47 PM IST
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...
30 Jan, 2021, 03.27 PM IST
Market Movers: Tata Steel, Dr Reddy’s tank; Suzlon Energy jumps on retail pumpThe Nifty50 index ended 183 points or 1.3 per cent lower at 13,634.60, while the BSE Sensex closed at 46,285.77, down 588.6 points or 1.3 p...
29 Jan, 2021, 07.32 PM IST
SSAB withdraws initial interest for Netherlands biz: Tata SteelCurrently, around two-thirds of the business of Tata Steel is based in India with best-in-class cost-competitive assets and strong cash flo...
29 Jan, 2021, 05.41 PM IST
Tata Steel to continue separation of European activities: Works council"It is unclear how we will proceed, but we expect the separation to continue," works council chair Cinta Groos told Reuters.
29 Jan, 2021, 03.28 PM IST
Tata Steel stock tanks as SSAB ends talks for sale of IJmuiden millThis is the second time that Tata Steel’s efforts to sell parts of its Europe business have failed.
29 Jan, 2021, 01.20 PM IST
EU steel market’s demand recovery to boost Tata Steel Europe's earnings in H2 of FY21Top steelmakers in Europe have raised prices of carbon steel – something that would have a material impact on their performances. So much s...
24 Nov, 2020, 11.04 PM IST
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...
17 Nov, 2020, 09.19 PM IST
Due diligence for Netherlands business sale to complete in next 2 months: Tata Steel CFOThe company has also initiated the process to separate Tata Steel Netherlands and Tata Steel UK and will pursue separate strategic paths fo...
17 Nov, 2020, 02.51 PM IST
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...
14 Nov, 2020, 06.55 AM IST
Sweden's SSAB eyes Tata Steel's Europe business as Thyssenkrupp's back-up plan: Bloomberg“SSAB is holding preliminary talks with Tata Steel of India as it seeks merger options,” the report said quoting persons familiar with the ...
24 Oct, 2020, 05.30 PM IST
Tata Steel completes acquisition of service centres in Europe's Nordic regionTata Steel has completed the acquisition of a range of service centres in the Nordic region of Europe, including a takeover from a Swedish ...
01 Apr, 2015, 06.36 PM IST
Tata Steel acquires three service centres in Sweden, Finland and NorwayThe European Commission has approved the sale of these service centres to Tata Steel, the latter said in an official statement.
12 Feb, 2015, 05.14 PM IST
Scania launches all new trucks at Bauma ConExpo 2014The commercial vehicle manufacturer displayed the all-new Scania R 580 V8 Truck and Scania P410 Tipper with 20 cum rock body at the CV show...
16 Dec, 2014, 07.14 PM IST