Tata Steel

Domestic steel demand to grow 8-10% in H2 FY27: Tata Steel CEO

Domestic steel demand is expected to grow 8-10 per cent in the second half of the ongoing fiscal, Tata Steel CEO and MD T V Narendran said on Tuesday. The industry executive made the remarks on the sidelines of the Indian Foundation for Quality Management (IFQM) Symposium 2026 in the national capital. "Demand should be 8-10 per cent because all consuming sectors are quite strong. So we are quite positive about the prospect of the steel industry," Narendran told PTI in reply to a question related to the outlook for the Indian steel industry. On the proposed Netherlands project, he said the company is actively engaged with the government there to resolve issues before signing of a binding agreement. "There are issues related to coke oven closure. There is an issue related to how to classify and handle steel slag so all these issues need to be addressed before we can come to any binding agreement," Narendran said. India-based Tata Steel owns a steel manufacturing plant at IJmuiden, t

Tata Steel develops fire-resistant structural steel for safer buildings

BIS-certified E350 structural steel can retain two-thirds of its room-temperature yield strength at 600°C for up to three hours, enhancing structural resilience during fires

Steel sector eyes stronger quarters as demand and realisations improve

Low inventories, stronger seasonal demand and firm prices could support steel makers, though raw material costs and domestic supply-demand trends remain key monitorables

Tata Steel, Dutch govt extend joint letter of intent for decarbonisation

The five-month extension gives Tata Steel and Dutch authorities more time to address outstanding issues and work towards an integrated health and decarbonisation project

Nifty Metal index up over 1%; SAIL, Welpsun Corp soar up to 4%; here's why

Analysts at Motilal Oswal say, steel industry pricing discipline will remain vital for margin sustenance, as the impact of current cost inflation is likely to become evident with a lag in H2FY27.

Tata Steel wants discussion with UK govt over delayed EAF project: CEO

Tata Steel is looking to have a discussion with the UK government to discuss issues being faced in timely implementation of the electric arc furnace (EAF) project at Port Talbot, the company's CEO T V Narendran said. The company official noted that there is no delay from Tata Steel in construction of 3.2 million tonne project being set up at an investment of 1.25 billion pounds. "We are in conversation with the UK government to say let's have a discussion on what can be done," Narendran told PTI on the sidelines of the 53rd National Management Convention organised by All India Management Association (AIMA). He made the remarks while replying to a question on the future course of action for the UK project, which is facing delays in securing power supply. In August, Narendran had said Tata Steel UK is expecting to secure access to electricity for its 3.2 million tonne electric arc furnace by 2029. In May 2024, Tata Steel signed a connection offer with the Electricity System Operator

Steel price rally likely to lift earnings; MOFSL favours JSW, Tata Steel

MOFSL highlighted JSW Steel and Tata Steel as its top picks, noting that companies with stronger cost positions, captive raw materials and greater value-added exposure should be better positioned to d

Tata Steel scaling up AI, connected workforce systems to boost safety

Global steel major Tata Steel is scaling up artificial intelligence, connected workforce systems and remote operations to make industrial safety more predictive, with the company already using more than 10,000 CCTV cameras and AI-enabled surveillance to identify unsafe behaviour and intervene before accidents occur, a top official said on Friday. "Most people use CCTVs for post-mortem after an incident. We want to do it proactively -- to prevent accidents. Tata Steel is scaling up AI, computer vision and remote operations to shift workplace safety from post-incident investigation to real-time accident prevention, with over 10,000 CCTV cameras across its operations," Rajiv Mangal, Vice President, Safety, Health and Sustainability, Tata Steel, told PTI. Over the past 15 years, Tata Steel has achieved a 38 per cent reduction in its lost time injury frequency rate (LTIFR) across the group. The company is using AI-enabled surveillance to detect unsafe acts and generate immediate alerts f

Tata Steel commissions India's first coke oven gas injection project

The project at Tata Steel's Meramandali plant will use coke oven gas as a reductant and partial substitute for conventional fossil fuels in blast-furnace operations

Major steelmakers turn to value-added steel as end-users go premium

JSW Steel, Tata Steel, AM/NS India and Jindal Steel are expanding downstream capabilities as demand rises for higher-performance, premium steel products

Steel sector outlook strengthens as demand holds firm, input costs ease

Steelmakers expect strong domestic demand and volume recovery to support growth, while softer input costs and downstream investments could aid margins in H2FY27

SC sets aside Tata Steel GST notice, flags mechanical plea of suppression

Supreme Court says tax authorities must establish foundational facts to allege fraud, wilful misrepresentation or suppression before invoking extended limitation

₹100 exit: What accounts reveal about Tata Steel's Jamshedpur FC investment

The token exit price masks Rs 40.8 crore of paid-up equity and other historical financing at Jamshedpur FC; revenue fell 41 per cent in FY26 as income from central rights collapsed

Indian Hotels, Tata Steel among key picks in Tata group for Jefferies

Jefferies favours Indian Hotels, Tata Consumer, Tata Steel and Voltas, while remaining cautious on TCS, Tata Motors Passenger Vehicles and Tata Power

Tata Steel under Chandrasekaran: Doubling down on India, fixing Europe

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations

TCS, TMPV, Tata Steel: Analyst flags key levels to track in Tata group stks

Virat Jagad, technical research analyst at Bonanza identifies key support and resistance levels in 5 prominent Tata group stocks amid Tata Sons chairman Chandrasekaran's resignation on Wednesday.

Recovery in UK/EU, higher volumes could drive upgrades for Tata Steel

India volumes are set to recover as maintenance ends, while improving UK and European operations and a richer value-added product mix could support earnings and valuations.

Tata Steel UK expects electricity access for EAF project by 2029: CEO

Tata Steel UK is expecting to secure access to electricity for its 3.2 million tonne electric arc furnace by 2029, company CEO T V Narendran said, noting that there is no delay in the construction of the project. As part of its decarbonisation plan, the steel major is setting up the UK's largest low-carbon EAF (electric arc furnace) project at Port Talbot replacing the non-operational blast furnace plant of similar capacity with an investment of 1.25 billion pounds. In a virtual interaction, Narendran, who is also the MD of Tata Steel, said the project is on track and will be ready by 2028. But the power supply may start in 2029. Talks are underway with National Grid -- the power supplier -- to work out solutions if the power supply can start early as Tata Steel UK (TSUK) will have to conduct trials before operationalising the project. "We are working with the power supplier to see if can we get some power supply before, because they are building the infrastructure. So if we can ge

'Regulatory environment has got tougher for Tata Steel in Netherlands'

Tata Steel expects stronger Q2 volumes across India and Europe despite margin pressure, while pursuing decarbonisation in the Netherlands and expanding Neelachal Ispat

Tata Steel up 1.5% post Q1 nos; analysts stay bullish, see up to 29% upside

Tata Steel reported an 11.6 per cent year-on-year (Y-o-Y) increase in consolidated net profit to ₹2,318.35 crore in the first quarter of 2026-27.