Page 3 - Tata Steel Ltd News

Tata Steel files curative petition in SC over tax on mineral land

Tata Steel has captive mines in Jharkhand and Odisha

MRF, L&T Finance, IOC, SAIL among 50 stocks from BSE500 to hit 52-week lows

In one month, the BSE 500 index has underperformed the market by falling 8.1 per cent, as compared to the 6.5 per cent decline in the BSE Sensex during the period

Sensex may test 76,300 this week; Nifty can fall another 8% from here on

The near term bias for Nifty is likely to remain negative as long as the index remains below 23,660 - 23,940 resistance zone, shows the technical chart.

Tata Steel, Coal India, Hero MotoCorp from Nifty 50 hit 52-week lows

These stocks were down in the range of 1 per cent to 3 per cent in intra-day trades. They have corrected by up to 35 per cent from their respective 52-week highs

Tata Steel's crude steel production rises 6% to 5.68 mn tonnes in Q3FY25

Steel major Tata Steel on Tuesday said its crude steel production in the country grew by six per cent to 5.68 million tonnes in the third quarter of the current fiscal. The company's crude steel output was 5.35 MT in the corresponding quarter of the previous fiscal. "Tata Steel India crude steel production stood at 5.68 million tonnes. Production was up eight per cent quarter-on-quarter and six per cent year-on-year, aided by the commissioning of the five MTPA blast furnaces at Kalinganagar in September," the steel firm said in a regulatory filing. Deliveries in India reached 5.29 MT for the third quarter, up 8.4 per cent year-on-year, due to steady sales in the domestic market and strategic presence in exports. Tata Steel Netherlands reported liquid steel production of 1.76 million tonnes for the third quarter with deliveries at 1.53 million tonnes. "Deliveries include volumes to UK operations of around 0.12 million tonnes. For nine months of FY25, deliveries were up 16 per cent

Tata Steel Netherlands faces fines of almost 27 mn euros over emissions

Tata Steel Netherlands will face fines of almost €27 million ($28 million) if it doesn't take measures at its coke plaBy Charlotte Hughes-Morgan

Tata Steel starts all-women shift at Jharkhand's Noamundi iron mine

The shift will comprise women employees for all the mining activities of the shift, including heavy earth-moving machinery

Tata Steel engages with NMDC, OMC to secure iron ore needs for future

Tata Steel has initiated discussions with state-run miners NMDC and Odisha Mining Corporation (OMC) to secure future iron ore supplies as the company ramps up its domestic steel manufacturing capacity. Tata Steel will also operationalise two new iron mines namely Kalamang West and Gandalpada as part of its strategy to ensure raw material security, the company's Vice President, Raw Material, D B Sundara Ramam told PTI. At present, Tata Steel meets its entire demand for iron ore, a key raw material used for manufacturing steel, from six iron ore mines operated by the company in Odisha and Jharkhand. Ramam said raw material plan has been carved out as leases of four mines -- Noamundi iron ore mine (being operated since 1925), Katamati and Khondbond (since 1933) and Joda East (1956) -- are expiring in March 2030. While two other mines NINL (Mithirda) and Vijay II will continue to remain operational. The mines came along acquisition of NINL plant and Usha Martin's steel business, he .

Sensex plunges 1200pts, Nifty below 24200; Why stock markets crashed today?

Stock market crash: The Indian stock market crashed heavily on Friday, with the BSE's Sensex dropping 1,207 points or 1.48 per cent to its intraday low of 80,082

Steel shares trade firm; Jindal Steel, Tata Steel, SAIL rally up to 5%

At 10:59 AM, the BSE Metal index, the top gainer among sectoral indices, was up 1 per cent, as compared to the 0.09 per cent rise in the BSE Sensex

In good position to deleverage from next year: Tata Steel's Chatterjee

The steel industry is clearly in a down-cycle